The film is expected to take off later this year but Joshi is keeping a low profile on the development.
"It is currently in the negotiation stages and it is definitely a prized project if it works out. Indra Kumar is a director of great repute and I am looking forward to working with him," says Joshi.
Post-"Rang De Basanti", in which Joshi played the role of Sukhi, filmmakers have approached him for interesting projects but he is in no hurry to sign them.
He says: "I am going through a few scripts and I would not like to take a decision on any film unless I am convinced about the role."
Currently he has Rohit Shetty's "Golmaal", which is also a multiple hero project. However, Joshi maintains that he has no problems doing such projects as long as his role is well defined.