It loses a lot of points for its inconsistent narrative despite a good story. But as a pioneer of the now famous "Horror-Comedy" genre in Bollywood, BHOOT BUNGLA doesn't get the credit it deserves. Judging by today's standard, the film might fall on most fronts but if you're in the right zone, it can get really entertaining. It has some fun setpieces, especially the one where Mahmood and R. D. Burman (legendary music director) go to inspect the haunted house and are stuck with people dressed in ghost clothes. The central mystery, while not very tantalising, throws enough red herrings and twists to never get uninteresting.
The film is a mystery comedy with some spooky elements mixed in, not an out-and-out horror comedy but very close. It was the first Bollywood film to introduce light-hearted moments within the framework of the horror genre. It's not perfect by any means but as a proponent of the horror-comedy genre, this sure is a landmark film in the history of Hindi Cinema.