The filmmaker, who has given the rights of his 1983 blockbuster "Hero" to Salman, says the 47-year-old is family for him.
The director of hits like "Karz", "Saudagar" and "Khalnayak", said: "Salman is a family to me.
He said he would like to remake my film and I said go ahead. He said how much should I pay you and I told him, you just make the film. It's very simple."
"Hero" is still remembered for it songs "Lambi judai" and "Nindya se jaagi bahaar".
Jackie Shroff and Meenakshi Sheshadri played the lead roles in the original, while Aditya Pancholi's son Sooraj and Suniel Shetty's daughter Athiya are expected to feature in the remake.