Mumbai, November 15 (Yes Punjab News)
Amid discussions about the reported Rs 4,000-crore budget for both parts of Ranbir Kapoor and Yash-starrer Ramayana, filmmaker Ram Gopal Varma has claimed that the first instalment was made for less than Rs 800 crore.
In a post shared on Sunday, Varma said the film’s actual cost was slightly below Rs 800 crore, including mutually beneficial deals, global tax benefits and subsidies. He also argued that an experienced filmmaker could assess the production cost by watching the film.
Varma questioned the assumption that both instalments would have identical budgets. He said a significant part of the expenditure could go towards creating the world of Ramayana, with assets that could also be used for gaming projects and the second part.
The Satya filmmaker further suggested that, given the reported box-office performance of Ramayana: Part 1, producer Namit Malhotra could potentially recover the cost of the first film, or even both instalments, from the earnings of the opening part.
Varma said Malhotra could then invest in several ambitious ventures and potentially compete with major Hollywood studios.
Released on November 5, 2026, Ramayana: Part 1 is believed to have earned more than Rs 1,000 crore worldwide. The budget and box-office figures cited in the discussion have not been independently established here.
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