Bhooloham, which has been in the making since 2012 is produced by Aascar Ravichandran, who apparently hasn't finalized the release date yet.
Last year, when Shankar's I (also produced by Aascar Ravichandran) was postponed from Diwali to Pongal, it was speculated that the producer might release Bhooloham as a Diwali treat which turned out to be false.
As the owners of Bhooloham were struggling to find an appropriate release date for this high budget action entertainer, looks like the success of Romeo Juliet has helped them in making up their minds.
As these two movies are desperate to find a release date from a very long time, it will be interesting to see which comes out on top should both Vaalu and Bhooloham find a single release date. Stay tuned for further updates.