Rumours say that a year back some body was murdered, at Blue Roof Guest House. After that incident people believe that, the guest House is haunted and spooky. The guest house Manager Waghmare (Sadashiv Amrapurkar) is sure that this guest house is a den of laughing ghosts and lurking spirits.
Sahil and Rakesh are best friends and are bored and frustrated trying their luck in Bollywood. Sahil wants to become a famous writer while Rakesh believes that he has it in him to become Bollywood's top director.
Anu is Sahil's girlfriend who wants to marry him desperately so they catch hold of a financer Mungi lal (Tiku Talsania) who is a jeweller. Mungi Lal has a pretty but dumb daughter Sakshi who has always wanted to be a movie star and these characters end up at the Guest House and now it is up to them to find out whether it is ghosts or something else.