Khoya Khoya Chand is a film about two young people afloat in the Bollywood film industry of the wild 1950's.

It is the tumultuous love story of an actress, Nikhat (Soha Ali Khan), and a writer-director, Zafar (Shiney Ahuja) based in the wild and exhilarating era of the 1950s-60s, the Golden Age of the Hindi film industry. This film is a tribute to those wonderous times and people, as well as an accolade to their inspirational lives. A magical world, people with huge talents, oversized egos, beautiful and ugly individuals and the tantalizing lure of stardom. A world of glittering dreams and harsh realities, golden yet cruel.

This world comes to life with an excellent ensemble of actors who, in their varied roles, create a colourful backdrop of the film industry - from awe-inspiring superstars and feisty studio-owners, to fashionable divas with scandalous stories - this film has them all, and more! Set against the compelling magnetism of this addictive world is the story of Nikhat, the young girl who goes from being a fledging extra, to a starlet to a great heroine, and Zafar, through whom we see the triumphs and travails of a writer-director of the 1950's.

The story of a volatile love that they can neither live with, nor without! And the story of the difficult and often heartbreaking choices they have to make!

Even as the backdrop of this film is period, the film is modern in its narrative, characterization and treatment.