Kriti, who has acted in Kannada and Telugu films, is now making her debut in Tamil and Hindi cinema.
Besides this, Gaurav Arora who was reportedly dating actress Kriti Sanon has also been signed for "Raaz 4".
"We have got Kriti and Gaurav for 'Raaz 4'. They both are good and fit the bill. It will be a love triangle," producer Mukesh Bhatt told PTI.
"Raaz" is a horror film series produced by Mahesh Bhatt and Mukesh Bhatt under the banner of Vishesh Films.
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The fourth film under the "Raaz" series is presently in pre-production stage.
"The shooting for it will begin from December and we are looking to release it in July next year," Bhatt said.
In 2002, "Raaz" had Dino Morea and Bipasha Basu playing a couple who is desperate to save their marriage and move into a new house in Ooty, only to find themselves in a ghostly conspiracy.
Its sequel "Raaz: The Mystery Continues" saw Hashmi playing a painter whose art predicts the future of a model (played by Kangana Ranaut).