His "Arth" and "Daddy" were recently turned into stage productions and now there is talk of Mahesh Bhatt's 1985 autobiographical film "Janam" being remade.
The original featured Kumar Gaurav as Mahesh Bhatt. Now the latter's protege Imran Zahid would be doing the needful.
Talking about the project, Bhatt, who turned 65 Saturday, said: "What I've made and is now in the public sphere, is not mine anymore. It has been so many years but the same feelings and emotions still exist.
"'Janam' was telecast (on Doordarshan) in 1985 and the news was delayed for the first time in my memory for 14 minutes till the movie was over. It was an unprecedented thing at that time. The movie received lot of accolades and was included in the Panorama section of the 1986 International Film Festival of India (IFFI)," recalled Bhatt.
He says the telefilm got lost "because the actor who played the lead (Kumar Gaurav) faded into oblivion".
But he is confident that Zahid, who was also part of "Daddy The Play", "has the resolve to hit the bull's eye" for the "tough screenplay" of the "Janam" remake.
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The remake will be made under careful supervision of Bhatt.
"There was never any fear of social stigma within me. I was not afraid to expose my life although my family was outraged and not happy at all when I made 'Janam'. But the film was about fighting in the social space against the existing norms of the society and breaking away from it.
"The idea of anybody giving birth to himself is very relevant. It is the story of a person who refuses to be defined by references of the world, as he wants to create his own destiny. My family will be quite pleasantly surprised that somebody so many years later is still finding it relevant to be revisited with the passage of time," Bhatt said.
Sanjeev Malhotra's Manween Sanjeev Creations is making their debut in Bollywood with this film as producers.
Malhotra had earlier partnered with Bhatt for the theatrical adaptation of "Daddy".
"With 'Janam' my production house has also taken a birth of sorts. To venture into Bollywood with the remake of a path-breaking film like 'Janam' is an achievement in itself. I am really looking forward to make the best of this opportunity and make a film that holds up to the original," Malhotra said.