Raaz, 50, best known for his memorable roles in Mira Nair's 'Monsoon Wedding', 'Raghu Romeo' and 'Delhi Belly', is also starring in the film in a prominent role.
The songs of the film are penned by poet-lyricist Gulzar, who also turns narrator for the 1948-set drama.
Apart from Raaz, the film's cast include 'Oye Lucky Lucky Oye' actor Manu Rishi, Raj Zutshi and Vishwajeet Pradhan.
'Kya Dilli Kya Lahore' is produced by Karan Arora of Picture Thoughts Production.