Ashi Hi Banwa Banwi

During a drunken confrontation, Dhananjay, Sudhir and Parshya openly insult their landlord, Mr. Vishwasrao Sarpotdar. Enraged, the landlord orders them to vacate the house within four days. Shantanu tries to intervene, but the eviction stands, forcing the friends to search for a new home in Pune. This incident marks the beginning of their precarious housing situation.

After several failed attempts to rent a place, the four friends finally reach the bungalow of Leelabai Kalbhor. Leelabai agrees to rent only to married couples, a condition the group cannot meet as themselves. To secure a place, Sudhir and Parshya agree to dress as a married pair and pretend to be a couple.

To pass as married tenants, Parshya shaves his moustache and becomes Parvati, Dhananjay's wife, while Sudhir dresses as Sudha, becoming Shantanu's wife. They move into Leelabai's bungalow under the guise of a married couple. The ruse sets the stage for a comedy of errors as everyone pretends to be a single family.

Leelabai's niece Manisha and her friend Sushma arrive to stay, complicating the living arrangement. Sudhir falls for Manisha and continues to present himself as Sudha's twin, while Shantanu's status as a doctor adds to the fabric of lies. The four friends juggle their identities under Leelabai's roof.

Sudhir falls in love with Manisha and reveals the truth about his identity, presenting himself as Sudhir, the twin brother of Sudha. He explains that he disapproved of Sudha's marriage to Shantanu and remains estranged from them, maintaining the ruse for the sake of the arrangement. Manisha becomes entangled in the deception as the bond between Sudhir and Manisha deepens.

Shantanu, now a successful doctor, fabricates a story of Sudha's deadly stomach cancer to Sushma to rationalize the deception. Sushma is emotionally affected, while the others maintain the illusion to protect the fragile arrangements. The web of lies strains the relationships inside Leelabai's home.

Parshya reconnects with Kamli, who arrives in Pune with Chhaburao's theatre troupe. He reveals that he has become a successful playwright and shares his news with Kamli. Their reunion strengthens Parshya's ties to the troupe and to Leelabai's household.

Madhuri visits Leelabai's bungalow and is heartbroken to see Dhananjay married to Parvati. Dhananjay then writes a letter to Madhuri confessing his love and explaining the truth of their situation. The two lovers begin to acknowledge their feelings despite the complicated setup.

Tanu reveals Parshya's disguise and Sudhir's true identity to Bali, the estranged nephew. Bali and his men threaten the four friends, who decide to stage a dramatic exit and secure new accommodation. The plan backfires as the group is drawn deeper into Bali's machinations.

Bali and his henchmen confront the four friends at Leelabai's bungalow, exposing their deception in front of Leelabai, Manisha and Sushma. Tanu summons the police, and the four friends are handed over for their alleged crimes. The confrontation tests the limits of trust and loyalty within the makeshift family.

At the police station, Leelabai disowns Bali as her nephew and absolves the four friends of deceit. She recognizes their desperation and accepts that their intentions were never to steal, but to find a home. She decides to take the four friends in as her own sons and arranges marriages: Dhananjay with Madhuri, Sudhir with Manisha, Parshya with Kamli, and Shantanu with Sushma.

With the four couples united, Leelabai's bungalow becomes a blended family and a home at last. The weddings are celebrated, and the women and men pose for a final family photograph with Leelabai. The film ends on a note of acceptance, love, and new beginnings.