Karan Johar‘s Takht has been on the news for a long time. The ambitious project was planned to go on floors in 2020 but was put on hold due to the coronavirus outbreak. Now according to reports, it seems like the project has been shelved permanently.

According to a report by Bollywood Hungama, a source was quoted as saying— “There are several reasons why it has happened. To begin with, it’s too costly a film. Its budget is expected to be around Rs. 250-300 crores. Like every other producer, even Karan had to bear losses due to Covid-19. Also, his expensive films like Brahmastra and Liger are already in production or awaiting release, along with his mid-sized ones like Shershaah, Dostana 2, Jug Jugg Jeeyo and Shakun Batra’s next. Adding Takht to this list won’t be a good idea.”

The source further added that— “Takht is based on Mughal history and looking at the current political climate which is volatile one can never know when things can get ugly. Karan felt that there’s no way he can risk taking such a project in such times as a lot of money would then be at stake. As a result, Karan Johar has decided to shelve Takht for now. He might revive the project maybe after a couple of years.”

While Karan Johar might not be going ahead with the period drama, the filmmaker has been reportedly working on a love story which might star Alia Bhatt and Ranveer Singh as the leads.