Outdoor air pollution causes a lot of health problems for humans. Particulate Matter 2.5 (PM2.5), due to its small size, can enter the human respiratory system with ease and cause significant health effects on humans. This makes PM2.5 significant among the various air pollutants. Hence, it is important to measure the value of PM2.5 accurately for better management of air quality. Algorithms for deep learning and machine learning can be used to forecast air quality data. A model that minimizes the prediction error of the PM2.5 forecast is needed. In this paper, a PM2.5 concentration estimation model using Bi-LSTM (Bidirectional Long Short-Term Memory) with meteorological data as predictor variables is proposed. For a better estimation of PM2.5 values, the hyperparameters of the Bi-LSTM model used are tuned using the Osprey Optimization Algorithm (OOA), a recent meta-heuristic algorithm. The model that works with the optimal values of hyperparameters identified by OOA performed better than the other models when they are compared based on evaluation metrics like Mean-Squared Error and R2.