One Nagakanya comes from Naga Lokam to Bhulokam and loses her Nagamani. Without Nagamani she can't enter her Nagalokam. She is in search of that Nagamani and in the process she meets the hero. The story had many turns and twists. What are they have to be seen in 'Nagamani'. Akash and Kausalya are playing the lead roles in the film directed by Viswaprasad and produced by B Satyanarayana on the banner of Nagasatya Pictures. The first schedule of the film was complete.

Speaking on the occasion, the producers says, 'We shot the film non-stop at Hyderabad, Ongole, Singarayakonda, Kandukur and several other areas for about 20 days and completed the first schedule. The second schedule would start after Sankranti, in which we will complete the talkie and canning of songs. The director says, 'It is a scientific and socio fantasy subject. A huge set is being constructed for Nagalokam set. The graphics in the film would be a special attraction. There are six songs and five fights.

Nazar, Tagubotu Ramesh, Dr LRK, Phaniraj, Dinesh Madne, Khader Vali, Ashok Reddy, Ponnambalam, BS Narayana and others are in the cast. Story, dialogues and screenplay are by Vishnusharma, music is by SPS Vasu, camera is by Ravikumar Neerla, while direction is by Viswa Prasad.