The film, set in the 1980s and 90s, chronicles the transformation of Bombay to Mumbai. The story is a cat and mouse game between a deadly don, Amartya Rao, who doesn’t think twice before killing, and there’s nobody who could stop him and a cop, who is dogging his every step.

Preeti Sengupta (Tanushree Dutta) is an airhostess living in with her boyfriend Karan Malhotra (Rohit Roy). They share a nice 2BHK apartment in the northern suburbs of Mumbai and are befriended by their elderly neighbor Madhusudan Tanha (Anupam Kher), a struggling poet and lyricist. Tanha is a loner living with his only companion, a Persian cat whom he lovingly calls Shehzadi. Preeti is possessive and has issues with trust. When she mistakenly suspects her boyfriend to be unfaithful, she throws him out of the house but soon realizes she can't afford the payment on the apartment on her own. On the advice of a fellow airhostess, she advertises for a tenant to share her apartment. Enter Neha Bhardwaj (Neetu Chandra), a modest small-town girl asking for accommodation. Very impressed by her simplicity and respectfulness, Preeti believes she has found a perfect roommate. The two girls soon become close - their camaraderie leads them to even become companions.

A small-town girl finally realizes her dream of becoming a famous supermodel but soon finds out that there's a price for her glamorous new life.

On a calm summer day in 1991, in the bustling Lokhandwala Complex, five criminals including Maya and Dilip were counting 70 lakhs in flat no. 32 B, when 286 policemen, headed by ACP Khan, took strategic positions around their building. A gunfire ensued and the entire nation witnessed the most talked about daylight encounter lasting 6 hours that transformed suburban Mumbai into a war zone.