Astitva encompasses issues such as male chauvinism, extramarital affairs, and spousal abuse. It is about a woman trying to find an identity outside her marriage.
It is 1997. Malhar Kamat (Mohnish Bahl), an old musician and music teacher, is dying. He prepares his will where he leaves his entire jaydad (estate) — comprising a haveli (mansion), 1.5 acres (6,100 m2) of land, 1,400 grams of gold and approximately 860,000 rupees — to Aditi Shrikant Pandit (Tabu). Upon his death two years later, the will is delivered to Aditi.
When the will reaches Aditi in Pune, she is in the midst of an impromptu party occasioned by the arrival of Dr. Ravi Bapat (Ravindra Mankani) and his wife Meghna (Smita Jaykar). Ravi is a very close friend of Aditi's husband, Shrikant Pandit (Sachin Khedekar). Aditi and Shrikant's only child, Aniket (Sunil Barve) introduces his girlfriend and would-be wife Revati (Namrata Shirodkar) to everyone at the party.
Shrikant opens the certified package that contains the will, even though it is addressed to Aditi, much to Meghna's chagrin and Ravi's surprise. Shrikant is intrigued and refers to his diaries from 25 years ago, in which he has chronicled events from his daily life. He realises that Aditi could not have possibly been pregnant from him at that time, because he was travelling on work. He shows her the diary, confronts her with the facts, and demands an explanation.
In a flashback, Shrikant is an up-and-coming star at a firm, seeking to break out onto his own. His work keeps him traveling almost constantly. This leaves his newlywed wife Aditi lonely and frustrated