Bhansali had been planning to make a film on Peshwa Bajirao and his ladylove Mastani for last 15 years. He had conceptualised the project with his 'Hum Dil De Chuke Sanam' star cast Salman Khan and Aishwarya Rai.
There is buzz that Ranveer would be playing Bajirao and would also have to shave off his hair for the role. "He is in advance talks for the film. Till things are finalised we cannot say anything," Ranveer's spokesperson told PTI.