Unfolding through a course of a night in Mumbai, Kaalakaandi showcases three parallel tracks — a man who discovers he has terminal illness decides to let go of his principles and live a little; a woman involved in a hit-and-run seeks redemption and two goons must decide if they can trust each other.
Meera and Arjun are professionals living in Gurgaon. On their way to a luxurious desert holiday they stop on a Highway dhaba for dinner, where they witness a young girl being picked up by a bunch of hoodlums. Arjun chooses to step in, unmindful of the danger ahead.
Five substance-abusing friends decide to fake a kidnapping in order to bribe a police constable for covering-up a hit-and-run accident.