Written by journalist Saba Imtiaz, the book chronicles the life of Ayesha Khan, a progressive journalist in her late twenties, who drinks and smokes, putting her modern attitude in contrast to the city's orthodox elements.
The novel is said to be a comedy of manners in the city.
Abundantia Entertainment, an independent motion pictures company, will remake the film.
"I read the book, the very day, after I came across a review that described it as a cross between Bridget Jones' Diary and Diary Of A Social Butterfly. The quick review compelled me to know more and I ended up reading the book," said Vikram Malhotra, founder and CEO of Abundantia Entertainment.