Based in the contemporary times, the show Bhaghyalakshmi narrates the story of two families from Madhya Pradesh. The Prajapatis are a respectable upper class family with an established family business headed by Vasundhara Prajapati ‘Bhabhi ma’ who is also the decision maker in all the important aspects related to her family members. In contrast to it are The Shuklas who are a traditional upper middle class family with a business in gems and stones. Bhoomi, one of the daughters in the family of The Shuklas has been raised as a protected child and was imparted a good education. In a series of surprising events Bhoomi’s marriage is fixed with Vasundhara’s nephew Anshumaan who were already in love. But when their traditional families find out about this, they feel cheated and Bhoomi and Anshumaan lives turn topsy-turvy trying to win the families over.