Earlier reported that Venkatesh and Mahesh Babu are ready to share screen space in a multi starrer film. Now the latest news is that the big-ticket entertainer flick is set to commence shooting from January 2012.

Venkatesh has earlier acted with actors like Srikanth and Kamal Haasan in Eenadu, but for the first time, he will be sharing screen space with a reigning Telugu star Mahesh Babu.

As per the sources, Mahesh has given bulk dates for his film with Venkatesh.The film has been titled 'Seethamma Vakitlo Sirimalle Chettu' and the much-hyped project will be directed by Srikanath Addala of Kotha Bangaru Lokam fame. The film will be produced by Dil Raju on Sri Venkateswara Creations banner.

An Official announcement of the movie will be made soon.Meanwhile both the actors are busy with their current projects.