Together they created a fantastic impression with ‘Raaz 3’ and again the ravishing Bengali beauty and ace filmmaker will team up again for yet another horror adventure...

Buzz is that seeing the remarkable response of ‘Raaz 3’, Vikram Bhatt is quite kicked to do one more horror thriller and again with Bipasha Basu.

Currently, he is said to be seriously working on the script, however apparently he is facing a dilemma.

Vikram is wondering how to take Bipasha's image of the demoniacal diva beyond 'Raaz 3' - because, in the new project Bips is expected play a completely grey character, something which will be even more shocking image than ‘Raaz 3’. But incidentally it’s not going to be ‘Raaz 4’ for sure.

According to sources, the new project is like a token of gratitude by the director to Bipasha for her hard work in their last movie. "I think I owe to myself and to her to do another film with Bipasha right away.

It's amazing how hard she worked on the film and look at the end-results. Like they say, no pain no gain. Both of us have gone through our share of turmoil," quoted Vikram in an interview.

Sources shared that Vikram is so excited over the new Bipasha project, that he handed over directorial reins of 'The Ankur Arora Murder Case' to Suhail Tatari.

In fact this true-life medical thriller was supposed to have been directed by Vikram himself; however now his interests seem to have diverted in writing the new horror thriller.