Ramcharan Teja on the verge of completing his ongoing project has signed for a new film to be directed by Bhaskar. Nagababu will produce the film on Anjana Productions which will go to the floors on 15th March.

Ramcharan is now working for SS Rajamouli's 'Magadheera' starring Kajal Agarwal as heroine. After rendering a blockbuster hit 'Ghajini', Allu Arvind is making this project on a high budget on Geetha Arts banner. Production work for this film is nearing completion and is slated for a summer release this year.

He will start for his latest film once the makers finalize the cast and crew. Further details about the film are awaited.