Ramu seems to be hell bent right now on remaking movies. He is remaking the classic "Sholay" and is also repeating "James" in a revised format.
"Bhoot" was a horror film set in suburban Mumbai and was a reasonably big hit in 2003. He plans to shoot the English version in New York City to give it a more international feel. He will be meeting some Hollywood writers to work out the script.
Except Varma, the entire cast and crew of the film will be American. The film will be launched in June 2006 after the completion of his ambitious remake of "Sholay".