- Movie Director: Vikram Bhatt
- Cast and Crew: Bipasha Basu, Emraan Hashmi, Esha Gupta
- Releasing Date: 6 September 2012
- Music Composers: Jeet Ganguly, Rashid Khan
- Lyricist: Kumaar, Rashid Khan
- Production House: Vishesh Films, Fox Star Studios
- Fun Fact: Bipasha Basu, who played the lead in Raaz, returned after 10 years to act in the third part of the series.
- Why it Made News: Jacqueline Fernandez was to play the role of Sanjana in the film but expressed discomfort with the costumes and was replaced by Esha Gupta.
The Shanaya (Bipasha Basu) is a top notch actress and is in love with director Aditya (Emraan Hashmi) . However a much younger actress Sanjana (Esha Gupta) takes her place in films and bags the limelight. With a fading career, Shanaya also loses the love of Aditya to Sanjana. In order to destroy Sanjana, Shanaya turns to black magic. However Shanaya id defeated as Aditya tries his best to protect Sanjana.