Comedian Sunil turned hero with Andala Ramudu. Later, ace director SS Rajamouli announced a film Maryada Ramanna and it was a massive hit. However, his third film Katha, Screenplay, Darsakatvam Appalaraju was a flop. Again he wanted to recoup his image as hero and agreed to work with director Veerabhadram for Poola Rangadu. Let us see how far he succeeded in his attempt.
Ranga (Sunil) works as a real estate broker. Though, he has the ability to show moon in his palm, he falls in deep financial real estate business slumps. At this juncture, he gets an opportunity to buy a piece of land at a prime locality near Warangal at a cheaper rate. While looking for a buyer of the land, he comes to know that the land is in possession of two big people called Konda Reddy (Dev Gill) and Lala Goud (Pradeep Rawat).
In order to wriggle out of the land and the financial mess, Ranga searches a way out. He finds that Lala Goud has a daughter called Anita (Isha Chawla). Through Anita and with the help of his best friends Vasu (Ali) and Bosu (Satyam Rajesh), he plans to solve his problem. Did Ranga traps Anita by making her to fall in love with him? Will Konda Reddy and Lala Goud forget their rivalry and join hands for the safe release of land? What kind of plan did Ranga hatch to come out of the crisis? Whether Ranga succeeded in his attempts or not? Answers to all these questions form part of the climax.