Strictly talking about it's performance at the Box Office, then this one will be a huge grosser. It's been in the pipeline for a long time and the film was supposed to star SRK, but they decided to collaborate on Chennai Express instead.
If films like Judwaa can be recreated and become a smash hit at the box office, and the same would have been expected from Coolie No 1 if it released theatrically, this remake would also score well all over.
Now about the quality of the product, Ranveer will be in his loud elements as usual, but the fact that Rohit is directing it is still a sigh of relief. Farhad Samji rehta toh disaster tha pakka! (facepalm). Barring Dilwale, his films have been entertaining majorly and is the one of the best masala action directors in India.
I hope the other actor isn't Arjun Kapoor though. Fir Rohit bhi nai bacha payega film ko!