The film has been shot simultaneously in Hindi and Marathi with two separate negatives, and is slated to release on 9 April, 2010. The Hindi version of the film is titled City of Gold – Mumbai 1982: Ek Ankahi Kahani and was unveiled last month.
The film was unveiled in the presence of over 5000 mill workers since the film is based completely on their story.
Also present at the event were and the entire cast and crew of the film including Satish Kaushik, Seema Biswas, Siddharth Jadhav, Ankush Chaudhary, Sachin Khedekar, Vinay Apte, Karan Patel, Sameer Dharmadhikari as well as Vineet Kumar Singh, Shashank Shende, Veena Jhamkar, Kashmera Shah, andAnusha Dandekar, story, screenplay and script writer Jayant Pawar, director of photography Ajit Reddy, music directors Ajit Parab and Sameer Mhatre.
DAR Capital Group chairman Arun Rangachari said, "DAR Motion Pictures aims to develop benchmark creative concepts, in the domain of both mainstream Hindi as well as regional cinema. This is well reflected in our choice of really good content-driven subjects such as Lalbaug Parel and visionary directors such as Mahesh. We would like to take this opportunity to congratulate Mahesh and his team for bringing to life this magnificent movie. The movie indeed is a collaborative effort in the true sense of the word and all of us at DAR are extremely happy with the way this movie has shaped up. This definitely is by and far one of the best films that Mahesh has made we are sure it is going to emerge as one of the more defining movies of the year."
Manjrekar added, "Creativity doesn’t have a timeline. I’ve been toying with the idea of making Lalbaug Parelfor over three years now. Furthermore, the entire team of this movie believed that the next generation needs to know the real story behind the birth of a city now known to them as the city of opportunities, Mumbai. What better way than bringing the voices that made the real Mumbai come together and narrate the truth. The film is based on the trials and tribulations that mill workers in Mumbai faced during the 1980s."
Lalbaug Parel portrays the story mill workers narrated through the story of one such family, the politico-socio environment existing during the early 80s but also realistically depicts the birth of the true underbelly of organized crime in Mumbai.