The film opens with Shanaya (Esha Gupta), a fresh, bubbly newcomer who wins the Filmfare Best Actress award. This was the trophy that the reigning superstar, Sanjana (Bipasha Basu), believed was rightfully hers. Consumed by jealousy and professional insecurity as she turns 30, Sanjana watches her career plummet while Shanaya rises. Desperate to reclaim her throne, Sanjana turns to her lover—a cunning and morally ambiguous black magic practitioner named Aditya (Emraan Hashmi).
When we talk about horror franchises in Bollywood, the Raaz series holds a special, chilling place in the hearts of Indian cinema lovers. Starting with the Bipasha Basu and Dino Morea starrer Raaz (2002), the franchise evolved from pure supernatural terror to a blend of psychological thrills, complex relationships, and haunting melodies. By the time Hindi movie Raaz 3 hit the silver screen in 2012, the stakes were higher, the visuals were sharper, and the horror had a new face: the toxic obsession with fame. Hindi Movie Raaz 3
Aditya warns Sanjana that black magic comes at a price, but her ego blinds her. He performs a brutal Kali Puja and Vashikaran ritual, unleashing a fierce, unseen entity that latches onto Shanaya. Soon, Shanaya’s life becomes a living hell. She experiences violent paranormal activities—furniture flies, she levitates in pain, and her body is covered in mysterious claw marks. The public, however, thinks she is going mad or faking it for publicity. The film opens with Shanaya (Esha Gupta), a
The film spawned a fourth installment, Raaz 4: Reboot (2018), starring Emraan Hashmi again with Kriti Kharbanda and Gaurav Arora. However, it failed to capture the magic of the third part. Desperate to reclaim her throne, Sanjana turns to
Directed by the maestro of modern Bollywood horror, Vikram Bhatt, and produced by Mahesh Bhatt, Raaz 3 (full title: Raaz 3: The Third Dimension ) attempted to reboot the franchise with a star-studded cast including Emraan Hashmi, Bipasha Basu (returning to the series after a decade), and the sensational Esha Gupta.