Mumbai: Subhash Ghai has set the title of his next directorial film, a love story cum musical thriller. The film titled Kaanchi will comprise a new star cast.

Veteran actor Rishi Kapoor will essay the role of a villain, according to a statement issued by Ghai‘s production house Mukta Arts.

The 67-year-old last directed the Salman Khan and Katrina Kaif-starrer Yuvvraaj.

Karma, Ram Lakhan, Saudagar, Khal Nayak and Taal are some of the memorable films made under Mukta Arts. The banner is set to celebrate its 34th anniversary on 24 October.

The film, which is set to go on the floors soon, is expected to release on 15 August, 2013.