An unemployed graduate living in a ramshackle lodge called Anand Bhavan dreams of riches. He tries to show off his meagre wealth in front of a roadside beggar but is then humbled to discover the beggar has accumulated more money than him. He meets a young woman trying on earrings in a fancy shop and then sees her again while waiting in line to apply for job vacancies. She mistakes the expensive car he is leaning against to be his, and he happily pretends she is right.

One night, the graduate finds a drunk rich man unconscious by the roadside. Finding in his pocket, a key to a suite in the plush "Pushpak" hotel, the graduate kidnaps and imprisons the rich man in his room at Anand Bhavan, while he moves into the rich man's suite at Pushpak, and takes over his lifestyle.

The rich man's wife has an extramarital affair with his friend, who hires a contract killer to kill the rich man without her knowledge. The killer stakes out the rich man's suite at Pushpak and mistakes the graduate as his target. The graduate discovers the same young woman in a suite opposite his balcony in the same hotel. She is the daughter of a magician performing at the hotel, and she slaps him after mistaking him for pulling a prank on her. They mend ways while paying tribute at the funeral of the hotel owner, and then they spend time together and develop a romantic relationship.

Meanwhile, the killer tries to kill the graduate with ice daggers, but he fails in every attempt, with the graduate unaware of the threat to his life. Eventually, the graduate realises the killer is in the hotel to kill someone but does not know who. The killer intrudes into his suite, and barely survives getting electrocuted while trying to stab the graduate. The killer travels to the lover's bungalow to report his failure, and the graduate follows him and learns the truth. The rich man's wife learns of her lover's treachery and leaves him.

In a montage shown about the hotel owner, the graduate realises that he was once a poor man similar to himself. Seeing what the hotel owner achieved by fair means, the graduate begins to question his actions. He sees the roadside beggar has died, and municipality workers arrive to take away the body. However, discovering the beggar's stash, they abandon his body and squabble over the money. The graduate decides to stop his deceit. He frees the rich man and explains the situation to him in a letter. The rich man and his wife reunite, and he stops drinking.

The graduate decides to come clean to the magician's daughter too. He learns the magician's family is about to leave Pushpak. He confesses the truth to the magician's daughter, and to his surprise she forgives him. She writes down something on a paper and drops a rose wrapped in the paper from her car window as they depart Pushpak. The graduate picks up the rose, but the wind blows the paper into a gutter. Later, the graduate is shown standing in line again to apply for job vacancies.