The film is scheduled for release in January 2014 to mark the 66th death anniversary of Mahatma Gandhi, they said in a statement.
The shooting will coincide with the Independence Day on August 15 this year.
The book is an account of Gandhi's assassination with details of the plan, the politics revolving around and the trial of Nathuram Godse and his partners in crime - Narayan Apte, Vishnu Karkare, Gopal Godse and Madanlal Pahwa.
The book looks at the reasons why Mahatma Gandhi was killed and how these five men came together and planned the assassination.
The author Malgonkar was then living in New Delhi, only one bungalow away from Birla House, where Gandhiji was killed.
When these events occurred he had access to some of the family members of the conspirators. As a result, he came into possession of several important photographs and documents related to the assassination.