Set in Haryana, the film will be co-produced by Fox STAR Studios along with Vishal Bhardwaj Pictures, Ajay Devgn Films and Wide Frame Pictures.
"When Vishal told me that he was looking at creating a comedy and he narrated the script, I was immediately excited and became a part of the project" said Ajay in a statement.
Its star cast will also have Anushka Sharma playing the lead characters and national award-winning filmmaker Bhardwaj will also compose the music for the movie.
"I have had the idea for this comedy in my head for a long time, almost eight years. It's a totally new genre and completely different from what I have done in my previous seven films.
"I was also missing working with Ajay for some time. He is such a great actor and an even greater human being. I am so much in sync him that the wait to be on the set is killing. As for Anushka, I would say that she is a ball of energy, the harder you throw her the higher she will go. Looking forward to shooting with her, " said Bhardwaj.
Fox STAR Studios produced and distributed films like "My Name Is Khan", "Khichdi: The Movie", "Stanley Ka Dabba", "Dum Maro Dum" and their next is the John Abraham-starrer "Force".
Vijay Singh, CEO of Fox Star Studios, said: "We believe the nationwide appeal of this hilariously rustic comedy, the coming together of great talent and a title which raises eyebrows will make this an event film for audiences in 2012."
Gulzar will write the lyrics.