Scoop: Karan Johar Cuts Dragon Budget

The success of Toilet: Ek Prem  Katha not withstanding, there  is feeling of growing despair in the  film industry regarding the falling ratio of boxoffice  success.

Even Karan Johar’s  Dharma Productions is feeling the pinch .  Sources say producer Karan Johar has nearly halved the original budget  of his super-hero film Dragon which goes on the floors this year-end.

The big-budget  spectacle directed by Ayan Mukerjee features the never-before pair of Ranbir Kapoor-Alia Bhatt . It also brings together Amitabh Bachchan and Ranbir Kapoor for the first time.

These tempting innovations apart , the film’s original budget, a staggering Rs120 crores was no longer seen  to be  feasible.

Says a source close to Karan Johar’s Dharma Production, “Karan gave Ayan a choice. Either take  a budgetry  cut or shut down the film. It hasn’t been a good phase for Ranbir Kapoor. And the last thing that Karan wants  on  his hands is another Jagga Jasoos.”

Sources say Ayan would have to drop plans to bring in topnotch Hollywood technicians to do the stunts and the special effects in Dragon.