The romantic film will be helmed by Sameer Sharma, who made his directorial debut with "Luv Shuv Tey Chicken Khurana".
Bhumi, who made her Bollywood debut earlier this year opposite Ayushmann, 31, with Yash Raj Films' romantic-comedy "Dum Laga Ke Haisha", shared the upcoming movie's title on Twitter.
"#Manmarziyan it is with the super handsome @ayushmannk & super man director #SameerSharma. Produced by #AnandRai and #SaileshSingh," she tweeted.
"After a short wait it is #Manmarziyan for me. Can't wait till I start shooting this one written by the talented #KanikaDhillon.#SameerSharma," read her another tweet.
Earlier, the actress said the shooting would begin next year.
