[3] The film stars Bipasha Basu as the lead and antagonist, along with Emraan Hashmi and Esha Gupta as main characters.

Her career started to take a drastic toll when a debutant actress named Sanjana Krishna, received accolades and appreciation for her work.

At a movie premiere, Shanaya reveals that she actually dripped a black magic spell on the chocolates she gave to Sanjana earlier.

In the bathroom, Sanjana is attacked by a swarm of cockroaches, which is really a hallucination due to the black magic of the chocolates given by Shanaya.

This causes Sanjana to remove her dress and run back to the party, thus getting her nudity exposed by the paparazzi and the people there.

Enraged, Aditya visits Shanaya's house and damages her possessions, taking away the last bit of the poisonous water.

A hard fight ensues and Aditya defeats Tara Dutt, rescuing Sanjana's soul in the process.

Aditya protects Sanjana from the defeated Shanaya, who vows that she will forever remain a star and commits suicide by pouring acid on her head.

Later, the media lets Sanjana off the hook as they conclude her 'publicity stunt' was a result of a nervous breakdown she had due to stress.

The Raaz 3 trailer was originally scheduled to be attached with the prints of Rohit Shetty's Bol Bachchan on 6 July 2012.

The theatrical trailer was officially launched on 30 July 2012 for the media, as confirmed by actress Bipasha Basu.

Bipasha Basu and Esha Gupta promoted the film by making an appearance on a special episode of CID, which aired on 2 September 2012.

[5][6] The film's music was composed by Jeet Gannguli and Rashid Khan, while the lyrics were penned by Devendra Singh, Sanjay Masoomm and Kumaar.

Taran Adarsh gave it 3.5/5 stars, commenting "If you are an enthusiast of supernatural thrillers/horror movies, RAAZ 3 should be on your list of 'things to do and watch' this weekend.

On the other hand it would be interesting to see how family audience, who love watching popcorn entertainment respond to this film.

Madhureeta Mukherjee of The Times of India gave it 3/5 stars while writing, "For all those who want to move over from the Ramsay Bros... go watch 'Raaz 3' in 3D, at your own risk.

"Independent Bollywood gave 3 out of 5 stars and quoted "Some real original scares and chills this time with memorable performances."

Udita Jhunjhunwala of businessofcinema.com said, "Bhatt gets the rhythm of the suspense-building wrong, going all too rapidly from grotesque decapitation to a kiss and song scene.