Allu Aravind's family now has got a new feather in the cap. They are going to set up a large-scare film studio in Hyderabad. Christened as Allu Studios, the project was announced on Thursday marking the 99th Jayanti of Allu Ramalingaiah.

"1st of October marks the 99th birth anniversary of our beloved Dr Sri Allu Ramalingaiah. To commemorate the occasion and honour his memory, the Allu family will inaugurate the construction work of ALLU Studios," Bunny said on Twitter. He added, "We celebrate the legacy of our grandfather and dedicate this ALLU Studios to him. With all your blessings and good wishes, we commence the works of ALLU Studios."

Besides Aravind and Bunny, the announcement event was attended by Allu Sirish and Allu Bobby. The father and the three sons posed for a pic in front of a portrait of Ramalingaiah, who passed away in 2004.

More details about the project are awaited.

1st of October marks the 99th birth anniversary of our beloved Dr Sri Allu Ramalingaiah. To commemorate the occasion and honour his memory, the Allu family will inaugurate the construction work of ALLU Studios. pic.twitter.com/Cow263VqQr

— Allu Arjun (@alluarjun) October 1, 2020