The movie will release on July 28, 2017.
This is the first time Anil will be sharing the screen space with Arjun.
They would be reprising their real life roles as uncle and nephew in the movie too.
Bothe Anil and Arjun took it to micro-blogging site Twitter to announce the releasing date of ‘Mubarakan’.
Arjun wrote, "You are all invited !!! #Mubarakan @arjunk26 @Ileana_Official @theathiyashetty @Mubarakanfilm on 28th July, 2017 !"
On the other hand, Anil tweeted, "Wedding of the year! Save the date #Mubarakan @BazmeeAnees @ashwinvarde @MuradKhetani @SnehaRajani #July28".
— Anil Kapoor (@AnilKapoor) September 5, 2016
Directed by Anees Bazmee, ‘Mubarakan’ also stars Athiya Shetty and Ileana D'Cruz.
"A world full of madness, chaos, confusion, & of course love is about to begin!!!! #Mubarakan," Ileana posted on Instagram.
The movie is produced by "Shaukeen" fame producers Murad Khetani and Ashwin Varde.
"Mubarakan" was earlier supposed to be directed by Milap Zaveri. Things, however, didn't work out and Bazmee was roped in.
The team will start filming for the project in November.