A few days back, filmmaker Karan Johar alongwith Anurag Kashyap announced their next film with Sidharth Malhotra and Parineeti Chopra (read news). Now, the team have finally announced the title of the film as well and that is 'Hasee Toh Phasee'.

Kjo wrote on his microblogging site, "The title of the Dharma-Phantom film with Sidharth Malhotra and Parineeti Chopra is Hasee toh Phasee!!!...."

This project will be handled by ad-filmmaker Vinil Mathew who has worked with several stars for different brand advertisements.

Sidharth made it big with his first film 'Student of the Year' itself and has garnered loads of recognition. On the other hand, Priyanka Chopra's little couzin Parineeti started of her career with a tomboyish role in 'Ishaqzaade'.

It is also heard that the two stars will be seen in a new avatar that everyone is excited about.