The film, which has been shot on location in Paris and stars French actress Isabelle Adjani, has been the focus of much local media interest, Masala.com reports.
Director Prem Raj Soni said that the excitement about the film prompted the decision to premiere the film in Paris instead of Mumbai.
"We're now going to have the premiere in Paris. Isabelle has been all over France in her Indian look. There's tremendous buzz about India and Indian cinema in France.
"We'd like to be part of this excitement. Ours is the first Indian film to be covered in the mainstream French press."
Adjani has been photographed in traditional Indian dress in several French publications such as Paris Match, rousing public interest in Bollywood.
The star-studded premiere will include guests from India as well as French dignitaries invited by Adjani.
A source said: "Ishkq in Paris is being premiered on October 4 or 5 in Paris. Political dignitaries from the highest level from India and France are expected to attend. Isabelle is even using her clout to invite the French President Francois Hollande for the premiere."
Soni added: "Isabelle will draw up the list of invitees from Paris. Preity will be taking care of the list of guests from India who will be attending the Paris premiere."
It is hoped that the event will promote Indo-French cultural ties.