In 1996, Vishesh Films were making a film called Mr Aashiq with Saif Ali Khan and Twinkle Khanna, the audio for the film was even released. Later Vishesh Films felt the film was not up to the mark and neither did the cast and felt they were all simply 'wasting their time'. Then they scrapped Mr Aashiq, and with the same cast they rewrote a new story and gave it new title 'Yeh Hai Mumbai Meri Jaan' and re-shot the whole film at the decision of Mahesh Bhatt. At first it was a dramatic love story which later became mad crazy comedy film. The only footage remained from Mr Aashiq was the songs shot placed in 'Yeh Hai Mumbai Meri Jaan' as can be recognized by the looks of the actors during the songs sequences.