Raaz 3 is supposed to be a God vs. Bipasha Basu. Or something of that sorts. To be honest, it wasn’t a fair fight to begin with.
The headstrong, spoilt and manipulative Shanaya Shekhar (Bipasha Basu) is the reining actress in Bollywood. But Shanaya is slowly being overshadowed by a new actress Sanjana (Esha Gupta). The final blow comes when Shanaya loses the Best Actress Award to Sanjana. Even Shanaya’s director boyfriend Aditya (Emraan Hashmi) cannot calm her tempest.
The mantra-chanting-holy-thread-tying Shanaya decides that since worshipping God has done her no good, she might as well move over to the dark side. An evil spirit (Manish Choudhary) gives her some magic water that will help possess Sanjana’s spirit. Shanaya cajoles a reluctant Aditya to help her plan to make life a living hell for Sanjana, but not kill her. So Aditya ropes in Sanjana for his next film and keeps giving her doses of the evil water. Sanjana’s nights are now filled with horror as she’s haunted by scary clowns, creepy noises and more. Aditya soon falls for Sanjana but is torn between his love for the haunted actress and his indebtedness to the maverick star.
