Nandamuri Balakrishna is fast finishing the shooting formalities of his forthcoming flick Paisa Vasool. After wrapping up this film, Balakrishna will quickly move on to his next project which will be helmed by popular South filmmaker K.S. Ravi Kumar. The untitled film will flag off in Kumbakonam district in Tamil Nadu from the first week of August.

Reports reveal that the makers of this film have roped in star actress Nayanatara to play the leading lady’s role. This will be the third time both Balakrishna and Nayanatara are going to share screen space after Simha and Sri Ramarajyam which released 6 years back.

Produced by C. Kalyan, the film has Chirantan Bhatt as the music composer. The film is slated for early next year release.