The two first met on the sets of "My Name Is Khan" and bonded after they went for skydiving together.
"While shooting for 'My Name is Khan', Arjun and I had gone skydiving together in California which was a fantastic experience. Since it was our first time and it is considered something of a rite of passage, the sport brought us even closer.
"We may not be friends but we are extremely comfortable with and close to each other," Sugandha said in a statement.
"Coffee Bloom", which will release March 6, tells the story of Dev Anand (played by Arjun), who is a self proclaimed wise man and has given up on life as a result of a love gone wrong.
A life changing event takes him on a journey to a coffee plantation. There he meets Anika (essayed by Sugandha), his long lost love, currently his boss. Thereafter, Dev finds a new reason to live.
The film also stars Mohan Kapoor and Ishwari Bose in pivotal roles.