In the quirkily titled "Humpty Sharma Ki Dulhania", Alia is paired with her SOTY co-star Varun Dhawan.
"(My next is) 'Humpty Sharma Ki Dulhania'. The announcement has just been made and I am doing this film with Varun. It will release next year. (I am) Very excited about that," the 20-year-old said here Tuesday at the India International Jewellery Week.
Alia walked the ramp to showcase creations by Pallavi Foley in association with Abharan Jewellers.
The young actress is excited to be working with Karan once again, and says his banner Dharma Productions is like home to her.
"Dharma is like my home production, it is home for me. Karan said, 'Alia, you are going to do this film' and he has great vision for me," Alia said.
"I trust him completely. It's obviously going to be very exciting working with him," she added.
While SOTY was directed by Karan himself, "Humpty Sharma Ki Dulhania" will be helmed by debutant Shashank Khaitan. It is currently slated for release June 27 next year