The film stars Tabu, Kartik Aaryan, and Kiara Advani, and follows Ruhaan Randhawa, who has to pose as a fraud psychic to deal with the return of Manjulika, a malevolent spirit hell-bent on vengeance against the Thakur family.

The film's score was composed by Sandeep Shirodkar, while the songs were composed by Pritam with lyrics written by Amitabh Bhattacharya, Yo Yo Honey Singh, Mandy Gill, and Saaveri Verma, while two songs originally written by lyricist Sameer for the 2007 original were credited to him, including a remix of the title track, recreated by Tanishk Bagchi, who is credited as co-composer.

[8] A Spiritual sequel, Bhool Bhulaiyaa 3, starring Aaryan with Vidya Balan, Madhuri Dixit, and Triptii Dimri, was released on Diwali 2024.

[9] Across a mansion in Bhawanigarh, Rajasthan, in 2004, powerful sorcerers and priests perform sacred rituals, and supernatural things start happening across the palace by a malevolent spirit named Manjulika, who is hell-bent on attacking the family's daughter-in-law, Anjulika.

18 years later, in Himachal Pradesh, Ruhaan Randhawa meets Reet Thakur, who is on a trip to Bhawanigarh via Chandigarh to marry her fiancé Sagar reluctantly.

Reet tries contacting her family, but over the phone she overhears a conversation between her younger sister Trisha and Sagar, realizing an affair is brewing between them.

Seeking to earn them the gift of marriage so she could avoid falling into it, Reet plays along with her family's presumption about her demise and travels to Bhawanigarh with a hesitating Ruhaan.

Due to his presumed ability to communicate with spirits, Ruhaan becomes popular as Rooh Baba, and he and Reet become friends.

Knowing that no one would enter Manjulika's room, Reet resolves to hide there, and Chote Pandit's accusations are proved false to the family.

Ruhaan reveals that he has been putting up an act of being possessed by the spirit and that the woman who died in 2004 was actually Anjulika, while the one who is living with them is the real Manjulika.

[13] Eventually, he approached Kumar, who came on board, collaborating with Khetani for the second time since Kabir Singh, which also starred Kiara Advani.

Shreya Ghoshal, who sung "Mere Dholna" in the 2007 prequel, reprised her vocals and is featured in three different versions of the song in the film.

[38] A critic for Bollywood Hungama gave the film four and a half stars out of five and wrote, "Bhool Bhulaiyaa 2 is a complete entertainer and works due to the splendid combo of horror and comedy.

"[39] Pallabi Dey Purkayastha of The Times of India rated it three and a half stars out of five and wrote, "Bhool Bhulaiyaa 2 is an agglomeration of grief and the grieving.

"[40] Rohit Vats of Daily News and Analysis gave it three and a half stars out of five and wrote, "Bhool Bhulaiyaa 2 is an out and out entertainer and next in the line of typical Bollywood 'masala' films.

"[41] Avinash Lohana of Pinkvilla rated the film three stars out of five and wrote, "Kartik, Kiara and Tabu live up to their parts.

"[42] Tushar Joshi of India Today similarly gave the film three stars out of five and wrote, "Bhool Bhulaiyaa 2 has all the masala and makings to satiate the taste buds.

"[43] Bharathi Pradhan of Lehren also gave it the same rating and wrote, "Tabu proves once again that she's a rare blend of versatility in performance with an arresting face.

"[44] Rohit Bhatnagar of The Free Press Journal rated the film three stars out of five and wrote, "Horror-comedy is a tricky genre, but Anees Bazmee dabbles with funny one-liners and jump scares together quite well.

"[45] Devesh Sharma of Filmfare, also with three stars out of five, wrote, "Watch the film for Tabu's and Kartik's performances and for its comic elements.

"[46] Nandini Ramnath of Scroll.in also gave the film three stars out of five and wrote, "Bhool Bhulaiyaa 2 moves along on its hero's insouciance, Tabu's screen presence, and patches of entertaining comedy.

"[48] Shalini Langer of The Indian Express rated the film two stars out of five and felt the humour could have been more sensitive: "There are repeated jokes at the expense of an overweight child and a hard-of-hearing pandit.