London Fields is narrated by an American writer, Samson Young, living in London who has had writer's block for 20 years and is now terminally ill. The other main characters include a psychic woman, Nicola Six, who meets two men in a bar and senses that one of them will murder her on her 35th birthday.
Film rights for London Fields were jointly acquired in 2000 by Tartan Films and US production outfit Muse Productions headed by Chris Hanley (of the Buffalo 66, The Virgin Suicides, American Psycho and The Killer Inside Me fame.)
will serve as the film's producer along with Jordan Gertner and Mary Vernieu.
Kapur, who has made Hindi films like Masoom, Mr India and Bandit Queen, forayed in Hollywood with Elizabeth starring Cate Blanchett and its sequel Elizabeth: The Golden Age. He's currently planning a third installment of the film.
The makers are yet to announce the date when London Fields will go into production.
Photograph: Getty Images/Francois Durand