According to Mid-day.com Farah Khan’s upcoming film ‘Happy New Year’ will feature Bollywood’s most expensive song ever.

A source revealed the song will be made on a whopping budget of Rs 7 crores, which will break the record of ‘Dhoom 3’s’ ‘Malang’, which cost around Rs 5 crores.

The song will see the film’s star cast including Shah Rukh Khan, Deepika Padukone, Abhishek Bachchan, Boman Irani and Sonu Sood.

Mid-day.com quoted a source as saying, “Farah will be shooting a song with the entire star cast of the film and the budget for this song is being pegged at a whopping Rs 7crore.”

The film, produced by Gauri Khan under the banner of Red Chillies Entertainment, is slated for a Diwali release on October 23rd, 2014.