Filmmaker Sanjay Leela Bhansali is reportedly planning to cast Ranveer Singh and Deepika Padukone for the third time in his film. Rumour has it that one of the most romantic couples in Bollywood will star in Bhansali's upcoming love story.

Ranveer and Deepika have appeared in two of Bhansali's films – "Goliyon Ki Rasleela Ram-Leela" and "Bajirao Mastani." While the 2013 release became the fifth highest grossing film of 2013, "Bajirao Mastani" turned out to be the third highest grosser last year.

The jodi teaming up once again on the big screen will be a treat for their fans. "Bhansali is planning to do a very different kind of film now. He is currently working on the script and the film is going to be a modern day love story set abroad and will be shot extensively in Europe. The film will feature Sanjay's favourites – Deepika and Ranveer," Bollywood Life quoted a source as saying.

The source also said that the filmmaker might announce the film and the cast on Feb. 24, on the ocassion of his birthday. 

Bhansali has always entertained the audience with his wonderful films, which has mostly turned out to be hits at the box office. Apart from "Goliyon Ki Rasleela Ram-Leela" and "Bajirao Mastani," the director has made films like "Khamoshi," "Hum Dil De Chuke Sanam," Devdas," "Guzaarish," "Black" and "Saawariya."

Meanwhile, Bhansali's favourite couple is busy with their respective projects. Ranveer is working in Aditya Chopra's "Befikre" opposite Vaani Kapoor and the team is currently shooting in Paris. Deepika is shooting for her Hollywood debut "xXx: The Return of Xander Cage" opposite Vin Diesel in Toronto.