The kindest thing that can be said about Bhool Bhulaiyaa 3 is that it’s unpredictable. There is little in it to prepare you for a climactic twist which is, in equal measure, audacious and ridiculous. While well-intentioned, it’s staged so clumsily that it fails to evoke the required empathy. But I will say — I did not see it coming.

Otherwise, we are back in familiar territory. The Bhool Bhulaiyaa franchise started with the classic 1993 Malayalam film Manichitrathazhu, which was remade in Hindi in 2007. Both versions delivered a skillful cocktail of laughs and scares without true paranormal activity. In each, the real culprit causing the leading lady to turn into Manjulika, the unhinged spirit of a royal dancer, was eventually identified as dissociative identity disorder.

But when director Anees Bazmee took over the reins with the 2022 reboot, the horror became real. Black magic, spirits, jump scares, ominous backgrounds and, of course,...