Bollywood actress Shraddha Kapoor had signed a three-film franchise based on the shape-shifting Nagin. The actress was all set to foray into the fantasy genre, which was earlier revolutionized by many popular actresses including Sridevi. But, there has been no development on the project. Reports said that the project was put on hold. However, producer Nikhil Dwivedi says that the film is progressing very fast and there is no delay. Earlier, reports claimed that the film is being made on a big budget and will be VFX-heavy. It was supposed to roll this summer, but apparently, the film was put on the back burner. Looking at the current market, the makers decided to wait for it before taking it on the floor. As per a report in Mid-Day, “Naagin is a VFX-heavy film which had to be made on a big budget. Given the current dryness in the market, the makers want to put the project on hold, and revisit it later.

Nagin will be essentially a love story and will be designed as a trilogy. The film is being directed by Vishal Furia and produced by Nikhil Dwivedi under the banner of Saffron Broadcast & Media Ltd. Shraddha Kapoor was last seen in Baaghi 3 opposite Tiger Shroff in March 2020. Helmed by Ahmed Khan, it marked her second film with Tiger after Baaghi. The actress will next be seen in Luv Ranjan's next. It stars Ranbir Kapoor in the lead role. The film is scheduled for March 2023 release.