Vaastav: The Reality

Vaastav opens with a family performing the funeral rites of a person at a beach. When the young son of the deceased asks his grandmother about the deceased, she begins to narrate the story.

As the film opens, Raghunath Namdev Shivalkar alias "Raghu" and his best friend Chandrakant a.k.a "Dedh Footiya" (literally meaning "One and a half feet tall" in Hindi) struggle to find work in Mumbai. Raghu lives in a chawl with his retired father Namdev, mother Shanta and a graduate but unemployed brother Vijay. They decide to run a pav bhaji stall. They work diligently and are earning good profits. The business seems to be working out very well before the brother of a local goon Fracture Bandya and his men start visiting their stall. Continuously for somedays Fracture Bandya's men visit the stall in a drunken state and abuse Dedh Footiya. Raghu tells Dedh Footiya to not get involved in any argument with them. But one day, Fracture Bandya's men beat up Dedh Footiya badly. Unable to keep their emotions and anger in the face of abuse continuously for days, Raghu and Dedh Footiya accidentally kill Fracture Bandya's brother. Now on the run, the two of them soon kill Fracture Bandya and his men also, when the latter tries to find them and kill them both treacherously by arranging a meeting through Suleiman Bhai, a middle man in the Mumbai underworld. Raghu and Dedh Footiya now end up in the Mumbai underworld.

Vitthal Kaanya, a rival gang lord, offers Raghu and Dedh Footiya protection and later hires them both as hitmen. Raghu becomes a respected hitman, with Dedh Footiya as his accomplice. With Raghu in his gang, Vitthal Kaanya hits a peak in the Mumbai underworld. Later, Raghu is approached by the home minister Babban Rao and who asks Raghunath to work for him and uses Raghunath for his criminal activities. Raghu agrees, much against the wishes of Assistant Inspector Kishore Kadam, a best friend of Raghu, who continues to help him by advising him and providing inside information. Vitthal Kaanya is soon killed by rival gangsters.

While Babban Rao relies on Raghunath, there are some others who despise Raghunath and are waiting in the sidelines to see when he makes an error. Raghunath does so, and Babban Rao is soon under serious pressure from the public and government. He issues a shoot-to-kill warrant for Raghunath. Dedh Footiya is killed in an encounter in order to take out Raghu from the hiding as he and Dedh Footiya killed a Parsi man. Then Kishore informs Raghu that the police have been ordered to kill him in an "encounter". Raghu is now on the run, both from the police and Babban Rao's men. Raghunath knows now that he must protect his wife, parents, and family, as they too are in danger. He realizes that there is no escape from this harsh reality. He arranges to meet Babban Rao with the help of Suleiman Bhai and kills Babban Rao as he would spoil others' lives like his in the future. In the process, Suleiman Bhai is also killed in an attempt to save Raghu.

Unable to save himself from the police, Raghu returns to his home and tells his mother to save him. He apparently has lost his mental balance, become crazy and starts hallucinating. His mother takes him away to safety. He tells her to take his gun and kill him, so she remembers how Raghu had once taught her how to use a gun, pulls the trigger and kills him.

As the film ends, the family is seen fulfilling the annual rites of Raghu on the Mumbai beach, as the film had begun, with Raghu's mother explaining all that happened to her young grandson and prays that his sins must be pardoned.

Reviewing the film for Rediff.com, Suparn Verma compared its theme to Hollywood films Scarface (1983), The Godfather (1972), and Indian films such as Satya (1998), Nayakan (1987) and Agneepath (1990). He felt the film offered "no new insight into the underworld" and added that it was "fast-paced and taut at times". However, he felt the film was "well shot and edited" and criticized the "lengthy dialogues". He concluded commending the acting performance of Sanjay Dutt and called it "one of the best performances of his career". He added, "From an easy-going guy to a broken man -- the role is essayed with great care by him, maintaining a consistency throughout."[27] Mukhtar Anjoom of Deccan Herald felt Dutt, who looked "terrific", couldn't "hold the excitement for long" due to the "shaky screenplay".[28]

• Vaastav: The Reality at IMDb
• Vaastav: The Reality at Rotten Tomatoes