Hyderabad: Varun Tej Loafer Nizam area theatrical rights has been acquired by famous distribution house Abhishek Pictures by paying a whooping Rs. 7.5 Crore.

Varun Tej upcoming mass entertainer directed by Puri Jagannath “Loafer” has almost wrapped up its shooting part and ready to release in this December. Already huge hype was surrounded on this film. Varun Tej will be seen in a complete mass role after doing soft roles in his previous flicks Mukunda and Kanche.

His previous war epic film “Kanche” performed decent at box office and Varun got huge applause from viewers for his action in that film. The way of choosing films is superb and now he is ready to show more from him with Puri’s Loafer. According to latest reports, Loafer Nizam Rights has been sold out for Fancy Price and well-known distribution house Abhishek Pictures paid Rs. 7.5 Crores and bagged the theatrical rights for Nizam area.

In recent days, Abhishek Pictures bagged many big movies rights and stood as big competitor for Dil Raju. The distribution house is increasing rapidly and now, once gain it will be in the first row to acquire another big movie rights. Whether that investment is recoverable or not is something dependent on film’s performance at box office, but surely Kanche has expanded mega hero’s box office range.

The loafer theatrical trailer was released on the eve of Diwali and it got nice response from viewers. Cute girl Disha Patani is introducing with this film and Veteran actress Revathi will be seen in varun Tej’s mother character in this action film. Posani Krishna Mural, Ali and Brahmanandam will be seen in supporting roles. Loafer audio will be released very soon and movie may be slated to release in December last week.