The movie will be produced by Bhushan Kumar of T-Series banner.
"The film will go on floors by April 2013. Milan is busy with 'Once Upon A Time In Mumbai 2', so as soon as he finishes shooting for that film, our film will go on floors," Kumar told IANS.
The movie will be basically shot in Mumbai, but the shooting of some songs will take the crew to "some European countries", he added.
Kumar says the leading lady for the film is not yet finalised.
"We have shortlisted few actresses for the role, but Milan will take a call on that, considering who suits the role best," he added.
The film will be replete with romance, action and emotion.