Now, he is carefully going through scripts because he doesn't want to make the same mistake again.
"I'm going through scripts and trying to find the right projects because it is very important. I don't want to make the same mistake twice basically. Based on audience perception to your work, you have to figure out what they want from you and do that. That's what I'm trying to do, " Luv told.
So what kind of films are on his wish list?
"Now I would prefer doing something more contemporary, something more modern. Even if it's a romantic comedy or an action thriller. I feel I can do those things pretty well, but to do that you need the right director who will actually tap you, " he said.
"An actor is only as good as the director he works with. I say this without any problems and I completely believe in this, " he added.
When asked if his father, who has been in the industry for so many years, would help him get the right project, the actor said: "I don't know how much having a celebrity father helps. You can meet the right people through your connections but it won't help you get a project."
But does his father advise him while going through scripts?
"He always gives me his advice and inputs. My mother has also been an actor, but I pretty much go by what my father says. He's been here for so long, so his experience really counts for me, " Luv said.
The actor, who is here to attend the International Indian Film Academy (IIFA) Awards, also has a twin brother Kush and a sister Sonakshi Sinha, who will make her debut in Salman Khan starrer "Dabang".