Laal Ishq' is a love story entwined with a murder that takes place in a resort, and the prime suspects for the murder are the two leads of the film.

A superstar named Yash Patwardhan (Swwapnil Joshi) agrees to be a part of his mentor's play. For the rehearsals, the entire team of the play comes to stay at a resort. This is where Yash meets Janhavi (Anjana Sukhani) and falls in love with her. While their romance blossoms, the resort witnesses the murder of the play director Poddar (Jayant Wadkar). An investigation ensues at the hands of cops Randive and Nandini who consider Yash and Janhavi as the main suspects. As the case unfolds, lots of hidden truths surface.

Yash Patwardhan (Swwapnil Joshi), a superstar, joins his mentor's play and begins rehearsals at a resort, where he develops feelings for Janhavi (Anjana Sukhani), a resort staffer engaged to the owner. However, things take a dark turn when the play's director, Poddar (Jaywant Wadkar), is found murdered at the resort. Yash and Janhavi become the prime suspects in the investigation, adding a thrilling twist to the story.