The story revolves around Pari Lok (the Fairy Realm), where good fairies reside, each possessing unique abilities. Rani Pari is the queen of the fairies, while Bhayankar Pari, an evil fairy, plots to create terror on Earth. She seeks revenge as she wasn't given the throne by Maa Pari, when she was a good fairy. Rani Pari assigns different fairies to protect specific locations on Earth from Bhayankar Pari's evil plans, but in vain.
Consequently, Rani Pari decides to give powers to Baalveer to fight with the evil. Years ago, he was born in Rajasthan with Pari-Tara's powers. Bhayankar Pari tried to abduct him, but Rani Pari stopped her. In a series of events, Baalveer was saved and carried to Pari Lok by Baalpari. Ranipari identified him and permitted Baalpari to raise him in Parilok. In the present, Rani Pari grants him the power of seven fairies, known as Saptapari, along with her own powers to aid him in his mission. An upright man named Mahesh Dagli adopts Baalveer, when he's sent to Earth. Baalveer becomes known as Ballu and is embraced by Mahesh's family -the Saat Sachhon ka Parivar (Family of seven who never lies), who are unaware of his true identity.
The series features multiple confrontations between Baalveer and Bhayankar Pari, who attempts to spread evil in Pari Lok and Earth. Despite various challenges, Baalveer emerges victorious with the help of fairies. Later, Chhal Pari tries to kill Baalveer, but ends up killing Rani Pari. A new Rani Pari emerges to guide Baalveer and fairies. Bhayankar Pari is eventually killed by Baalveer and new evil fairies are introduced throughout the show. Numerous battles take place to uphold peace and righteousness. The story concludes with the triumph of good over evil, restoring peace and harmony in both Pari Lok and Earth, as Baalveer returns to Pari Lok from Earth.