The "Fukrey" actress will be seen as an urban Mumbai girl and is the second lead in the movie to be directed by Reema Kagti and produced by Excel Entertainment.
"Richa has been signed on for Reema's next along with Saif and Kangana. She gave the project her go-ahead and they will begin shooting early next year," a source said in a statement.
She is currently busy filming Sudhir Mishra's "Aur Devdas".