Following up with the success of Housefull and Housefull 2, Eros International Media Limited have now announced its continued partnership with Sajid Nadiadwala to release the third instalment of the same, which will be directed by writer-turned-director duo Sajid-Farhad.

Speaking about this, Jyoti Deshpande (Group CEO - Eros International Media Ltd), said, "We share a special relationship with Sajid that goes back several decades and are excited to have Sajid back with us. What better film to start with than the third instalment of the hit franchise Housefull. It promises to be a star studded laugh riot shot lavishly in the UK, Sajid Nadiadwala style."

Meanwhile, Sajid Nadiadwala added, "I'm happy to team up with Eros once more for this very popular series. Housefull 3 will be bigger and funnier and we are confident together we will once again successfully present some wholesome entertainment to audiences worldwide."

While the film is slated for a 2015 release, according to our sources, Eros has assured an MG (Minimum Guarantee) of Rs. 100 crores to Sajid Nadiadwala for Housefull 3.