'Bol Bachchan' a 'Golmaal' remake?

The cast of 'Bol Bachchan' is referring their film as a modern day 'Golmaa'. Does this mean that the upcoming film is a remake of the Amol Palekar's 1979 hit film ?

Movies/Bollywood/Bol-Bachchan-a-remake-of-Golmaal