Akkineni Naga Chaitanya’s upcoming film Shailaja Reddy Alludu is doing good pre release business in all areas. Successful director Maruthi at the helm of this family drama is said to be one of the reasons why the producer is getting lucrative offers from buyers.
According to the latest trade updates, the Andhra rights of Shailaja Reddy Alludu have fetched around 10 Crores for the producer. Notable distributors from Uttarandhra, East, West and Nellore have reportedly bagged these rights.
This is a solid deal for the producer considering Naga Chaitanya’s market and the way his recent films performed in this area.
Shailaja Reddy Alludu need to emerge as highest grossing film in Chay’s career to break even.
Sithara Entertainments banner is bankrolling the film which is getting ready for release in August.