Hirani has chosed YRF favourite Anushka Sharma for the role, her close friend told the newspaper.
The report quotes a source: "Hirani and Anushka had a couple of meetings recently. Hirani considers Anushka to be a very talented girl. He feels she has a lot of spunk."
Aamir Khan, who starred in Hirani's last film 3idiots, may make a comeback as the male lead in the project.
"That is almost final. But let's see. An official announcement with respect to the male actor will be made soon," added the source.
Talking about the Hirani project, Anushka's friend added, "This is a very big step in Anushka's career. A few months ago, she signed Vishal Bhardwaj's Matru Ki Bijli Ka Mandola. Now, she is doing Munnabhai director Hirani's next."