Ghost is a horror flick with an element of romance in it. It is set in a hospital with Sayali Bhagat playing a doctor and Shiney Ahuja playing a debonair detective. The movie has been directed by Puja Jatinder Bedi.

Shiva Kapoor (Jeetendra) is an assertive and honest young man and has the tendency to help people in need, which gets him to come to the rescue of a man who was being assaulted by hired goons. Frustrated by Shiva, the goons report this incident to their bosses, Iqbal Supariwala (Puneet Issar) & Nandu Solanki (Mohan Joshi), together they implicate Shiva in a web of lies and deceit and have him arrested and imprisoned. After serving his sentence, Shiva vows to avenge this humiliation, and assumes the guise of a bearded male and calls himself Karma. He gets to meet Dharma (Dharmendra), another young man, who has been the target of Supariwala and Solanki, and together they join forces to combat the gangsters. Unrelated to this saga of vengeance is the story of Dharma's brother, who is in love with the same woman as Kumar (Rahul Roy) is, and a heartbroken Kumar has sworn to kill Dharma's brother and anyone else who dares to stand in his way.

Nita lives a middle-class lifestyle with her mom and dad in Bombay, India, and works as a Surgeon in a hospital. She is of marriageable age, & is in love with a struggling Musician/Singer named Ravi, much to the chagrin of her mom, who wants her to marry someone who is wealthy. One day a badly wounded male is admitted into the hospital, is pronounced dead, but recovers, and with Nita's help recuperates and is discharged. He visits Nita's home, introduces himself as wealthy Vikram Chauhan and asks her parents for the hand of Nita, who immediately accept. But Nita wants to marry Ravi and plans to elope with him. On that fateful day, Ravi fails to keep his appointment and a heartbroken Nita decides to get married to Vikram. The marriage takes place with great pomp and ceremony. When Ravi attempts to re-enter Nita's life, she forbids him. Little does she know that Ravi's plans had been sabotaged by none other than Vikram - who is in reality a human during daytime...

Rahul and Anu Verghese meet on the same day, while both are held by the police on charges of creating a disturbance, and running away respectively. They meet again, and love happens. Rahul helps Anu to be independent, and seek a job. Then Anu is discovered by a talent agent to be a model, which she accepts. Rahul wants to marry Anu, but first must establish himself.