I have recently been revisiting Bollywood because I felt I had been neglecting such a large and prestigious industry as a film fan. I first saw Raat with English subs on TV when I was on vacation in Bangalore, India, and was impressed by it, so impressed, in fact, that I went to the video store nearby and bought a VCD of the film. Years later, after much searching, I found a very scratched CD in my collection with no cover and it was "Raat", so I decided to watch it.
Ram Gopal Varma is apparently something of a legend over in Bollywood, but I've only seen two other films of his (Sarkar, the Indian remake of "The Godfather", and another very good horror film, "Kaun", which I have fond memories of), so I can't really vouch for that, but his direction here is stylish and he sets the mood perfectly. The movie itself reminded me a lot of several different Hollywood films, the possession scenes were reminiscent of "The Exorcist" and the majority of the opening half hour eerily reminiscent of "Evil Dead", but it has enough respect for those classics not to blatantly copy them, and it's successful because it learned from the very best, and applied it damn well.
9/10