The film, which is tentatively titled "Majnu", is currently being shot at Andhra University in Vishakhapatnam.
"This version is coming out well. All of us know there will be a comparison with the original. Hence, we are pushing hard to give our best," Chaitanya told IANS.
The male leads, including Naga Chaitanya, currently sport a thick beard, which they will soon lose to look younger for their role as school students.
Also starring Shruti Haasan and Anupama Parameswaran, this coming-of-age tale traces three stages in the life of its protagonist.
Chaitanya Krishna plays one of the friends of Naga Chaitanya in the film.
"This is the first time that I'm getting to work with Chaitanya and Shruti. We are currently shooting the college portion and the atmosphere in the university is electric," he said, adding he's amazed by the popularity of Naga Chaitanya and Shruti among college goers.
Shruti will be seen as a lecturer in the college.
"I never expected them to have such a huge fan following. Thousands of students are around them on the sets on all days while a few hundred of them are constantly clicking pictures. I know it's crazy, but at the same time so much fun," he said.
All the unprecedented attention drives them to perform better, says Chaitanya, who is delighted to be working with a young team.
The film is being directed by Chandoo Mondeti, who made a smashing debut last year with Telugu thriller "Karthikeya".
Chaitanya, who has upcoming Telugu projects "Bhale Manchi Roju" and "Nenu Sailaja" in his kitty, is looking forward to start working on a yet-untitled horror-comedy.
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