The actor will start work on the Shaitaan director's upcoming project in late 2012, The Times of India reports.
"Yes, I am doing Bejoy's film. The film will go on floors by the end of this year," said Kapoor.
The director said that he will begin work on the film once production concludes on his current Neil Nitin Mukesh and Vikram project.
"Yes, Shahid and I are working on something. We will start working on the film once I am done with David," Bejoy revealed.
The actor was last seen in home production Mausam.
Kapoor has reunited with Priyanka Chopra for his soon to be released movie Teri Meri Kahaani.
It was earlier reported that Kapoor was planning his first action film with producer Karan Johar.
However, he was later forced to withdraw from the Punit Malhotra-directed film due to prior commitments.