Mumbai:After the success of Welcome last year, Anees Bazmee has reportedly, inked an 8 Crore deal with Studio 18, thus making him one of the highest paid directors in the industry.

Confirming the news about the whopping deal Bazmee did not divulge any details about the figures. He however informed that he would be commencing with the shoot once he wraps up with Singh Is Kinng.

He further added that the script of the film will be finalized by next month and thereafter, he will zero down the star cast. Not only this, Bazmee is all set to direct three sequels to No Entry, Welcome and Phir Hera Pheri.

To which Bazmee informed that he announced the sequel to Welcome before its release last year.