The film will mark her return to the big screen after five years. Her last screen appearance was in Mere Jeevan Saathi in 2006.
The new movie will see the mother-of-two in a glamorous avatar opposite Rajneesh Duggal.
"As promised, Karisma's character in Dangerous Ishq -- a supermodel who gives up her career to marry the man she loves," Bhatt wrote on Twitter.
"But before marriage, her fiance is kidnapped by an enemy who has been chasing her through many lifetimes... to find out about the enemy she must find out about her lives," he added.
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