"Madhur has made a great film because nobody can understand women as Madhur can, " Ajay said at an event here late Saturday to unveil the first look of the film.
Asked to comment on Ajay's remark, an amused Bhandarkar said: "I don't know why Ajay felt this. But of course I know women very well because I have three in my house - my wife, mother and my daughter. "
"Dil Toh Bachcha Hai Ji" is about how life changes for three men with the entry of three women.
Apart from Ajay, the movie stars Emraan Hashmi, Omi Vaidya, Shruti Hassan, Shraddha Das and Shazahn Padamsee. It is slated to hit theatres Jan 28.
In the film, Ajay will be seen playing a man in his mid 30s going through a divorce, when a much younger girl comes into his life and he starts changing himself.
Bhandarkar has earlier made serious women-oriented films like "Chandni Bar", "Page 3", "Corporate" and "Fashion".