"My next film is a black comedy titled 'Tata Good Bye'. I didn't want to direct this as my debut as it's a black comedy," Patel told IANS.
"It's a satire on death, which has never been done before. It is a meaningful film with an international concept," he added.
Patel's "Hotel Beautifool" is inspired by Hindi stage production "Baat Baat Mein Bigdey Haalat", but he says that "Tata Good Bye" is an "original film".
"It has a bigger budget than 'Hotel Beautifool'. When you direct your first film, the challenge is to get the producers. It's ('Tata Good Bye') a very tricky script and not everybody can produce a black comedy."
The film's story would revolve around a father and his two kids.
When asked about the star cast of the film, he said: "I have met Paresh Rawal and Boman Irani and both of them liked the first draft. I am also looking at Pankaj (Kapur) and Naseeruddin Shah because I need A-listers in the film."
"I have not finalised anyone for the film yet," he added.
His "Hotel Beautifool", which has been wrapped up, stars Imam Siddiqui, Johnny Lever, Alisha Farrer, Rohit Khurana, Shanti, Jia Sharma and Brijendra Kala.