A new film city is coming up at Nandos village in Sindhudurg district of Maharashtra bordering Goa, which will be new destination for film shootings for Bollywood.
The project, expected to be completed over next four years is coming up at the investment of Rs 2000 crore, and is likely to emerge as one-stop destination for film shootings and tourism.
Sai Bollywood Filmcity India Pvt Ltd, one of the leading developers, has joined hands with the Maharashtra Tourism Development Corporation (MTDC) and foreign investors for this ambitious project.
"The project will be spread over 305 acres in Sindhudurg's Nandos village and it will have a special inscription on the hill with 'Bollywood' written on it, on par with Hollywood Hills in Los Angeles, USA," said Kamal Kaushik, managing director of Sai Bollywood Filmcity India Pvt Ltd.
The company has roped in several foreign investors through FDI route and has also partnered with Hindi film industry stalwarts like Motion Picture Distributors Association (India) Pvt Limited, he said.
"MTDC has offered benefits in the form of ten years concession on various taxes levied on the project including electricity rebate," said Sunil Verma, Director of the company.
The entire project would be completed in three phases, he said, adding that the facility will also give boost to the tourism activity in Maharashtra as well Goa as it is just 30 kms away from the coastal state.
"It is entirely a different concept for India. We have procured all the patents and copyrights required for the project so that it becomes a real destination for Bollywood," Verma said.
