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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Primary inventory recordedMahaRERA P51900050965

Worli · Mumbai

Nishika Elysium

Worli · by Avighna India Ltd. (Fairleaf Developers Private Limited)

Updated Sep 2026

10
Units
2028
Possession
1
Buildings
Certificate Signed
Status

A first look at Nishika Elysium

Nishika Elysium is a residential project by Avighna India Ltd. in Worli, Mumbai 400018. It is registered with MahaRERA under P51900050965 (registered 2024-03-05). The project has 10 units across 1 building of up to 20 floors. It offers 5 BHK homes with carpet areas of 5,500 sq ft, priced ₹71 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹129,100 per sq ft. MahaRERA proposed possession: Dec 2028.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Availability & Pricing

TypeCarpetPriceAvail
5 BHK5500 ft²₹71 Cr—

Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.

💬 Request latest price on WhatsApp

Nishika Elysium floor plans

1
Nishika Elysium, Worli — floor plan 1

Floor plans are indicative, as shared by the developer, and subject to change.

About Nishika Elysium

Location

The project is in Worli, Mumbai 400018. Across 114 recent resale listings on MPE, homes in Worli have a median asking rate of ₹62,657 per sq ft, and a 2 BHK typically rents for about ₹2.2 Lac a month.

MahaRERA record

Nishika Elysium is registered with MahaRERA under P51900050965, dated 5 March 2024. The registered promoter is Fairleaf Developers Private Limited. The filing lists 1 wing: NISHIKA ELYSIUM with 10 units over 20 floors. According to MahaRERA, the architect on record is VIVEK BHOLE ARCHITECTS PRIVATE LIMITED and the project escrow account is with HDFC Bank.

Homes and prices

The price list covers 5 BHK of 5,500 sq ft at ₹71 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹129,100 per sq ft of carpet, 106% above the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 80%, structure at 100%, finishing at 47%, services at 89%. Proposed possession is Dec 2028.

Developer track record

Avighna India Ltd. has 5 projects tracked on Mumbai Property Exchange, 2 of them delivered (ready or sold out).

Buyer demand in Worli

In the last 90 days, buyers and tenants registered 54 requirements for Worli with Mumbai Property Exchange, 14 of them to buy and 3 specifically for 5 BHK homes.

Developer's description ▾
Nishika Elysium is an exclusive, meticulously designed residential masterpiece, offering only twelve ultra-luxurious residences and a penthouse with breathtaking panoramic views of the Mahalaxmi Racecourse and the Arabian Sea. Built on the legacy of the Nishika brand, which has remained untouched by the secondary market for over two decades, this development is crafted for a select few who value privacy, exclusivity, and timeless elegance. Designed to foster a like-minded, discerning community, Nishika Elysium offers unparalleled proprietary living, blending architectural excellence with a rare sense of prestige and sophistication.

Price vs Locality

₹129,091
/sqft · Worli rate-band mid-point ₹117,500
10% above mid-point

Upcoming projects & infrastructure in Worli

take an informed decision

2 MahaRERA projects are due to hand over in Worli between 2027 and 2031; the nearest upcoming infrastructure to Nishika Elysium is the Worli-Sewri Connector, 1.7 km away (under construction · due 2026).

2
MahaRERA projects handing over in the next 5 years
in Worli
₹63,700/sqft▲
typical asking price
rising this quarter
New projects in Worli by possession year
0
2027
1
2028
1
2029
0
2030
0
2031

Supply is not evenly spread — one year carries almost half of it.

Metro & infrastructure near Nishika Elysium
  • 🛣️Coastal Road (Phase 1)Opened 20240.2 km
  • 🚇Line 3 AquaOpened 20250.7 km
  • 🛣️Worli-Sewri ConnectorUnder construction · due 20261.7 km
  • 🚇Line 11 GreenApproved2.9 km
📜 1,152 registered transactions (IGR) on record in Worli, and we pull the latest registrations on request. Know what flats here actually transacted at before you negotiate — take an informed decision.
Ask for registered transactions ›
In the full Worli report

🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

Worli — resale, rent & yield

Resale
₹62,657/sqft
median · 114 listings
Rent
₹250.0/sqft/mo
2 BHK ~₹220,000/mo
Gross yield
4.8%/yr
rent vs resale value

This project is quoted around ₹129,091/sqft — 106% above resale here.

From MPE live listings, last 18 months · Mumbai price index ›

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
5 BHK Amp Amp4,442–4,761 ft²₹57.34 Cr–₹61.46 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

RERA record & possession

Possession (proposed)
Dec 2028
Project status
New
MahaRERA No.
P51900050965
Data last updated
Sep 2026
Registered
2024-03-05
Escrow Bank
HDFC BANK
Architect
VIVEK BHOLE ARCHITECTS PRIVATE LIMITED
Total FSI
5,906

Buildings · 1 wing

10 units
NISHIKA ELYSIUM · 20 fl · 10 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation80%
Structure100%
Finishing47%
Services89%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Podiums (if any)100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …98%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…80%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…80%
External plumbing and external plaster, elevation, completion of terr…60%
Sanitary Fittings within the flats / premises0%
Stilt Floor0%

Amenities

28
Swimming PoolKids Play AreaGardenClubhouseIndoor GamesMultipurpose HallMini TheatreGymnasium
+20 more ▾
Jogging TrackYoga RoomSpaSports CourtCycling TrackCCTV24x7 SecurityVideo Door PhoneFire SafetyIntercomGated CommunityAC LiftsPower BackupWater HarvestingParkingVisitor ParkingPet FriendlyWooden FlooringConcealed WiringConcealed Plumbing

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Verify current project inventory

Worli market context

Property Rates in Worli

Residential · Sale
₹70,000–165,000/sqft
Commercial · Sale
₹75,000–130,000/sqft
2 BHK · Rent
₹165,000–330,000/mo

Resale Flats for Sale in Worli

4

Flats for Rent in Worli

4

Commercial for Sale in Worli

3

Commercial for Lease in Worli

2

Commercial Projects in Worli

Compare Nishika Elysium with similarly priced projects nearby

MahaRERA projects nearby in Worli

Next steps — clarity before you step out

Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Frequently Asked Questions

Where is Nishika Elysium located?

Nishika Elysium is in Worli, Mumbai 400018.

What is the price of Nishika Elysium?

5 BHK homes are priced ₹71 Cr as on 09 Jul 2026, about ₹129,100 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Nishika Elysium offer?

5 BHK – 5,500 sq ft carpet at ₹71 Cr.

When is possession of Nishika Elysium?

As per MahaRERA, proposed possession is Dec 2028.

Is Nishika Elysium RERA-registered?

Yes — MahaRERA registration P51900050965, registered 2024-03-05.

How many units does Nishika Elysium have?

MahaRERA records 10 units across 3 buildings, up to 20 floors.

Who is the developer of Nishika Elysium?

Avighna India Ltd. (Fairleaf Developers Private Limited) — 5 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Worli?

2 MahaRERA-registered projects in Worli are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Nishika Elysium?

Coastal Road (Phase 1) — opened 2024, 0.2 km away; Line 3 Aqua — opened 2025, 0.7 km away; Worli-Sewri Connector — under construction · due 2026, 1.7 km away; Line 11 Green — approved, 2.9 km away. Timelines are as announced and can change.

How do I book or get more details?

Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.

Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-09-28). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.
SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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