Lisa, 29, shot to fame in Bollywood with "Queen" after which she featured in "The Shaukeens".
Now, she will be seen in Johar's directorial venture "Ae Dil Hai Mushkil" alongside Aishwarya Rai Bachchan, Anushka Sharma, Ranbir Kapoor and Fawad Khan.
"Yes I am doing the film and I am very excited about it. I would start shooting for it," Lisa told PTI.
Though the details of Lisa's character are being kept under wraps, there are rumours that her role will be pivotal to the film's plot.
Speculations are rife that Imran Abbas and Saif Ali Khan will also be seen playing cameos in the film, slated to release in October 2016.