Karan will be seen as a rich businessman who plays a crucial role in Ranbir Kapoor's life in the film, with shades of grey.
"It was great to be directed by Anurag. My work was mostly with Ranbir Kapoor... so he is my favourite co-star and my director Anurag, Phantom Films and Fox Star Studio... thankful... I don't have choice," Karan said at the wrap-up party of 'Bombay Velvet' held on Wednesday.
The film is co produced by Fox Star Studio and Phantom Films. "I hope Anurag doesn't cut my role... if that happens then this will be my last appearance for this film. Anurag never scolded at me it was nice working with him," Karan said.
Karan's first movie appearance was over a decade-and-half ago in the Shah Rukh Khan-Kajol-starrer 'Dilwale Dulhania Le Jayenge'. Then he did cameos in 'Om Shanti Om', 'Luck By Chance' and Kal Ho Na Ho among others.
Present at the party were Vijay Singh, Anurag Kashyap, Vikas Bahl, Karan Johar, Ranbir Kapoor, Vikramaditya Motwane and others.
Kashyap said, "The team has just finished shooting for Bombay Velvet. I don't know what to say I had a tough class (while doing the film). I hope everybody likes the film and is happy about it."
Set against the backdrop of love, greed, violence and Jazz, 'Bombay Velvet', first in a planned trilogy, tells the story of how Bombay became a Metropolis. Historian Gyan Prakash's book 'Mumbai Fables' forms the basis for the movie.
"It is a love story... beyond this I cannot tell you anything. We will release the first look in October," the director said. Apparently, Anurag was upset with filmmaker Rajkumar Hirani over the release date of 'PK'. Both the films were initially set to hit the screens on Christmas this year but now 'Bombay Velvet' will release on November 28 and PK on December 18.
"I was upset with him (Raju Hirani)... but how long can we stay like this," he asked.
The film stars Ranbir Kapoor and Anushka Sharma in the lead. However, Anushka was missing from the wrap-up party.
Asked about her absence, Karan jokingly said, "Cricket (IPL) is on... so you see," apparently hinting at cricketer Virat Kohli who Anushka is said to be dating.
But soon, director Anurag came to his leading lady's rescue saying she is shooting in Jodhpur (for a film).


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