Poonam Pandey is all set to rock this New Year's Eve. This is for the first time that the actress will be performing live. The event is to be held at Capital Club resort in Bangalore. And insiders reveal that Pandey has been paid a whopping amount of 1 Crore to take to the stage.

Said a source, "Poonam recently shot an item track for a Kannada venture, Love Is Poison and will be grooving on the very same. The song has caught up in a big way with the people down South and the organizers asking her to perform on that number did not come as a surprise. Poonam is certainly kicked about the deal and her first live performance."

Talking about it Poonam remarked, "I am looking forward to interact with my audience. The instant reaction will be another high all together."

Producer Soma Shekhar K said, "It was delight to have Poonam to agree to perform on our song and are excited about the event." While Keshvu Murthy KB said, "She is a thorough professional and is busy rehearsing for the show."

For the uninitiated, 'Love Is Poison' was in news recently when its lead actor Rajesh died under mysterious circumstances. Apparently, he fell from the apartment he was staying in. The actor, sources have it, had a disturbed life and had even ended up in a hospital a few months ago. The film, however, is expected to release in January.