30-something Mitali aka Meethi (Konkona Sen Sharma) suffers from Schizophrenia and is taken care of by her much older, divorced sister Anjali aka Anu (Shabana Azmi) and an ageing mother (Waheeda Rehman). Although she was never married in real life, Meethi has created her own alternate reality in her mind in which she got married to her ex-fiancé Joydeep (Rahul Bose) and has five children. While Anu has dedicated her life to taking care of Meethi and her mother, even putting her own relationship with a fellow professor (Kanwaljeet Singh) on hold, in Meethi's imaginary world both the older women are holding her in the house and away from her kids against her will. She imagines her family to be living at the non-existent 15 Park Avenue in Kolkata.
After Meethi has a severe seizure, her case is taken up by a new doctor Kunal Barua (Dhritiman Chatterjee). While discussing her sister's case with the new doctor, Anu reveals that though Meethi had dormant schizophrenic traits since childhood, she led a very normal life till her early 20s, before a traumatic experience in the course of her job as a journalist made her withdraw from the outer world. Her fiancé, unable to deal with the emotional upheaval caused by the incidence, broke off the engagement. On the doctor's advice, Anu takes both women on a vacation to Bhutan, where they are spotted by Joydeep, now married with two kids. In her present state, Meethi does not recognize Joydeep as the same man she is married to in her imagination, and befriends him. When Joydeep learns of Meethi's worsened condition and her imaginary world, he offers to help her locate the elusive family home - 15 Park Avenue.
Back in Kolkata, Joydeep drives her down to the part of the city where she believes her house and her family are. In a surrealistic climax, Meethi finally locates the house and finds her husband Jojo (as she fondly calls him) and her five children waiting for her return. She walks into the house, reunited with her 'real' family and is never seen again.