Madhavi Sharma (Konkona Sen Sharma) arrives in Mumbai and soon lands a journalist job. Her boss Deepak Suri (Boman Irani) gives her the task of reporting celebrity news. She begins her journey in the glitzy and glamorous world of celebrity lifestyle.
Her roommate Pearl Sequiera (Sandhya Mridul) is an air hostess and wants to marry for money. Gayatri Sachdeva (Tara Sharma) later joins them. She is an aspiring actress and gets involved with a leading actor Rohit Kumar (Bikram Saluja). When she tells him she is pregnant he suggests she have an abortion; depressed and shattered, she unsuccessfully tries to kill herself and in the process loses her unborn child. Meanwhile, Pearl marries a wealthy old man and moves to the United States. Madhavi plans to expose Rohit Kumar (by writing an article on his relationship with Gayatri), but her editor kills the article and she is forced to apologise to Rohit Kumar.
Madhavi finds out that her boyfriend is gay when she finds him in bed with her best friend Abhijeet (Rehaan Engineer).
As soon as Madhavi begins to get disillusioned with her job of covering lives of these celebs she declares that ÃƒÂ¢Ã¢â€šÂ¬Ã…â€œthe party is overÃƒÂ¢Ã¢â€šÂ¬Ã‚Â for her. She soon realises that the glamorous world of celebrity life is not as glamorous as it seems. As well her roommate Gayatri who supposedly returned to Delhi sleeps with a director and gets put in a movie.