Directed by Subhash Kapoor, the film, titled "Mogul", will chronicle Gulshan Kumar's meteoric rise in music.
Tulsi, 31, says there are a lot of similarities between her father and Akshay when it comes to leading a disciplined life.
"There are a lot of similarities between Akshay and my father. Akshay is a Punjabi and so are we. He is Delhi-based and my dad was also from Delhi. I think he would be able to pull off the character.
The singer, who made her debut in 2006 with "Shabe Firaq" from Shahid Kapoor starrer "Chup Chup Ke", says singing for her father's biopic will be like a dream come true for her.
"The film is an emotional thing for us because it is about my father's journey. I'll definitely sing in the film. The ground work of the movie has begun.
"I'm a singer today because of my dad. He was the one who pushed me to my full potential. It will be the proudest moment for me to be a part of this movie," Tulsi says.
"We have not yet decided. It's too early to say because the film will arrive in theatres next year and till then a lot of development is going to happen. But, definitely I'll be a part of that movie in terms of singing or rendering my voice," she adds.
Tulsi is known for her hit romantic songs in Bollywood but she recently sang a peppy number "Gulaabi 2.0" in "Noor", which she thinks has helped her explore a different side.
"Otherwise, it's very easy in this industry to stay in your comfort zone and sing the same kind of songs. Also, my listeners have mostly heard me in a lot of romantic numbers. So, in this track my fans will hear a different side of my voice."
She says the mood and the feel of the song is completely different from the original 'Gulaabi' song.
"Except for the line 'Gulaabi aankhein jo teri dekhi sharabi ye dil ho gaya' nothing has been taken from the original track and I think we should not compare. It's hip-hop and rap genre and it's something very new in Bollywood.
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