In Pandippada, Dilip plays Bhuvanachandran, a real estate broker in Kochi, who has an uncanny knack of getting into trouble time and again. The last straw came when he is taken for a mighty ride by a Tamilian who sells 30 acres of disputed land to Bhuvan. The land belongs to Karuvilangadu, a village in neighbouring Tamil Nadu.

Having got it rather cheap, Bhuvan is over the moon. At last, good days seem to be round the corner. So he thinks, unaware of the trouble that awaits him.

Trouble arrives in the form of two chieftains of village Karuvilangadu, who are bitter rivals. The land which Bhuvan has bought is a land of discord between the warring chieftains Karuppusamy (Rajan.P.Dev) and Pandidorai (Prakash Raj). Bhuvan learns to his horror that the duo have vowed to kill anybody who dares to buy the land.

As chance would have it, Bhuvan runs into his erstwhile partner Bhasi (Harishree Ashokan). They think up an ingenious plan to take possession of the disputed land without disclosing their identity. As per the plan, Bhuvan works his way into the house of Pandidorai. He charms the chieftain so much that soon, Bhuvan has the fearsome Pandidorai and his mother (Sukumari) eating out of his hands!

But trouble erupts when Bhuvan falls for Karuppusamy’s daughter Meena (Navya Nair), blissfully unaware of the fact that Pandidorai himself has an eye on the girl.

How Bhuvan extricates himself from a difficult situation and gets back his land forms the rest of the laugh riot.