Venkatesh , who gave a sensational hit like 'Lakshmi', is presently busy with 'Adavari Matalaku Ardhale Verule' produced by Sanam Naaga Ashokkumar, under the direction of Sri Raghava of '7/G Brindavan Colony'-fame. Immediately after this film, Venkatesh will do a film in his home production to be produced by D Suresh Kumar on the banner of Suresh Productions. To be directed by Boyapati Srinivasa Rao of 'Bhadra'-fame, the film was formally launched with puja activities at Ramanaidu Studios recently. The film would go to sets on October 15 and according to industry sources, Tulasi is the title under consideration for the film, as Venkatesh is doing the character of Tulasi Reddy for a story penned by Akula Siva, who gave story for 'Lakshmi'. Nayanatara is in the female lead for the film and Devisri Prasad is giving musical support.