The two will be seen together for the first time on the screen, and the actor took to Twitter to share his feelings.
"Good morning ... Shooting with the lovely and talented Aditi Rao Hydari today (Monday)," Arshad posted on the microblogging site.
The actress complimented Arshad by describing him as an "entertaining" actor.
"First day of a proper, proper shoot with Arshad, I know I'll be laughing all day - entertainment, entertainment, entertainment," Aditi tweeted Monday.
The film has been directed by Manish Jha and will also feature Boman Irani.