Ramayana’s budget: Not Rs 1600 crore, Ranbir’s film is Rs 4000 crore epic in 2 parts

The upcoming film ‘Ramayana’, directed by Nitesh Tiwari, is being made on a staggering budget of over Rs 4000 crore, spread across two parts. With this, the film is set to make history as the most expensive Indian movie ever made. Earlier, it was speculated that the film’s budget would be around Rs 1600 crore, but a source close to the project has now confirmed that the final cost is nearing $500 million, making it one of the most expensive films ever made in India.

“The film is being mounted at an international level and by the time both films would be made, the budget would reach over Rs 4000 crore. The team is planning to have world-class VFX and special effects to give the best experience to the audiences,” the source added.

The film is said to be a VFX-heavy project and is being crafted for a grand IMAX experience. It will also integrate AI dubbing technology, allowing viewers to watch the movie in any regional language seamlessly, a first-of-its-kind innovation in Indian cinema. Prime Focus, led by producer Namit Malhotra, is spearheading the technical aspects to deliver a visually immersive experience.

On Saturday, the makers unveiled a motion poster featuring Ranbir Kapoor as Lord Ram and Yash as Ravana. While the poster offers only animated glimpses of the lead characters, the background music by Oscar winners Hans Zimmer and AR Rahman heightened the expectations.

‘Ramayana’ stars Ranbir Kapoor as Lord Ram, Sai Pallavi as goddess Sita, and Yash as Ravana. It also features Sunny Deol, Vikrant Massey, Ravi Dubey, lara Dutta, Indira Krishnan, Vivek Oberoi and Arun Govil, among others in important roles. The first part of the film is scheduled to release during Diwali 2026, followed by the second part in 2027.