Filmmaker Mahesh Bhatt's forthcoming venture 'Raaz 3' which contains a slice from Bipasha Basu's life, says, the model-turned actress is not having a good run in the industry primarily due to the competition from the younger lot in the tinsel town.

A lot of films like 'The Dirty Picture' or the upcoming release 'Heroine' revolves around the meteoric rise and downfall of a superstar or a supermodel. Vikram Bhatt's directorial venture, 'Raaz 3' also appears to be similar, as it focuses on two actresses - Bipasha Basu and Esha Gupta -- with Emraan Hashmi playing the role of a director.

"It also coincides with Bipasha Basu's life where she is feeling the breath of extinction as the younger girls have come in who may elbow her out. Today Bipasaha is not as safe as she was 10 years ago when she came into the industry," he said.

Releasing September 7, 'Raaz 3' talks about the turbulent times of an actress, played by Bipasha and how she begins to turn to black magic to destroy a budding star (Esha) and get back the man (Emraan) she loves.