EXCLUSIVE: YVS Chowdary sells his theater for Rey!

Posted : October 6, 2014 at 7:17 pm IST by ManaTeluguMovies

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YVS Chowdary who once delivered several blockbusters like Seethaiah etc plunged in to deep troubles with disasters like Okka Magadu and Salim. Now YVS Chowdary’s career is at cross roads waiting for a comeback hit. It was at the time he got a chance to direct Mega scion Sai Dharam Tej’s debut film, Rey. But YVS once again spilled the golden chance.

The film production has gone haywire with budget extending more than 30 Crores which is too high for a debutant. The film is lying in labs for more than 3 years now and YVS is struggling to release it. In all probability with the budget involved and bad name acquired due to the delay, the film may end up a loss venture but YVS had to release it any cost to revive his career.

So YVS had sold off his Bommarillu theater for 10 Crore in Gudivada to release the film clearing the finances involved. This deal will certainly hurt YVS since the next Andhra Pradesh capital will be coming nearby and the real estate will definitely shoot up. But YVS has no other option right now. We hope he just recovers the amount back with Sai Dharam Tej’s Rey.

YVS Chowdhary shot the film with huge budget in USA and other foreign locations. The film is set in the backdrop of USA and West Indies. Saiyami Kher and Shradda Das are the heroines. Chakri has composed the music. Sai Dharam Tej’s second film, Pilla Nuvvu Leni Jeevitham, is also up for release.