Sanjay Leela Bhansali brings his majestic signature flair to stories of love and betrayal in the lives of courtesans in pre-independence India.

Arch nemeses Mallikajaan and Fareedan are locked in a battle for succession of Heeramandi, where courtesans reign as queens. The only hope is young Alam, Mallikajaan's youngest daughter. But what happens when Alam relinquishes power and chooses the love of one man over the adulation of many?