''Swapna Sanchari'' revolves around the gulf-returned Ajaychandran Nair (Jayaram). He has a lovely wife (Samvrutha Sunil) and a 9th standard daughter (Anu Emmanuel) who does not speak more. His father (Innocent (actor)) believes in old ways. The movie tracks his ups in life in the first half, where he returns from Gulf with a huge pocket. He dreams of earning a big name in the society, thus buys a Mercedes-Benz, an old theatre, land in front of panchayat hall, promised hefty contributions for community hall and several other charitable organizations where he can put his name in front. He undertakes running the village festival completely by himself to earn a big name. Thus he dreams big but falls short in no time after his business in Dubai falls down. In no time Ajaychandran reduces nothing to big zero. The movie sketches the plot of those who falls into debt due to show-off.