MUMBAI: Director Madhur Bhandarkar’s Fashion: The Ugly Side of Beautiful People, which is being produced by UTV Motion Picutures, will be made on a budget of Rs 200 million (Rs 20 crores). Thus, making this Bhandarkar’s costliest film by far.

What’s more, after signing Priyanka Chopra, the makers have also signed Kangana Ranaut to essay a role in the film. Fashion: The Ugly Side of Beautiful People will be co-produced by Bhandarkar.

UTV Motion Pictures senior vice president creative and projects Ram Mirchandani told Businessofcinema.com, “We have allocated a budget of Rs 200 million (Rs 20 crore) for the film. Kangana too has been signed for Fashion.”

The movie will be shot on the ramps of Europe like Milan and Paris. The film will go on floors on 15 September in Mumbai followed by short stint in Paris. Plans are to release it in the first half of next year.

Fashion marks Bhandarkar’s first association with UTV Motion Pictures.