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

Updated Oct 2026

Worli
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Homes available in Nishika Elysium

Which homes are available right now — resale and rental, with asking prices — sent to your WhatsApp by an MPE advisor.

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Mumbai Property Exchange · MahaRERA agent A51800043517 · advising buyers since 1995. Your number is used to respond to your enquiry.

New · drive before you visit

Drive to Nishika Elysium from your place

See the road from your home or office, the drive time with Mumbai traffic, what you pass on the way — and the street view at the gate.

Nishika Elysium price check and key numbers

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Price check
₹129,091/sq.ft
₹64,100₹83,300
Above the usual range for homes for sale in Worli (1187 listings).
Area price trend
₹71,300/sq.ft
+9.6% since Q2 25 · asking rate for homes in Worli
Who's looking
58 requests
People asked us for Worli in the last 90 days — 18 to buy.
Getting around
  • Coastal Road (Phase 1)0.2 km
  • Line 3 Aqua0.7 km
  • Worli-Sewri Connector1.7 km

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.

Nishika Elysium price list

Approximate figures, to help you understand what a home here would cost. Not a quote — the developer confirms the final price.

Some projects run developer payment schemes — such as 20:80 or subvention plans, flexi payment or launch offers — that change what you pay and when. Ask us which schemes apply →

Price
Stamp duty, 6%
GST, 5% (under construction)
Registration₹30,000
Builder chargessociety formation, share money, membership, legal, clubhouse, advance maintenance, property taxExtra
Total before builder charges
a month on a 20-year home loan at 8.5%

Last price update: 09 Jul 2026. Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them. We can come back to you with the latest price.

Stamp duty, GST and loan figures are estimates for planning, not an offer. All other charges levied by the developer — society formation, share money and membership, legal charges, clubhouse and amenities, advance (ad hoc) maintenance, property taxes and similar — are extra.

Ask for the latest price
Areas filed by the developer in MahaRERA (1)
ConfigurationCarpet
5 BHK Amp Amp4,442–4,761 ft²
These are the areas the developer filed with MahaRERA. Developers often combine or change units, so they may not match what is on sale — our team confirms what is available and the price.
💬 Ask what is available

Nishika Elysium floor plans

1
Nishika Elysium, Worli — floor plan 1

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

Our view on Nishika Elysium

Mumbai Property Exchange advisory

Nishika Elysium by Avighna India Ltd. in Worli is quoted at about ₹1,29,100 per sq ft of carpet, with possession per MahaRERA due Dec 2028. That is about 81% above what resale homes in Worli ask (about ₹71,400).

Who it suits

Buyers who are happy to wait until 2028 for a new Avighna India Ltd. home in Worli.

The price, in context

Among the Worli new launches in the table below, it is the highest by quoted rate. New launches usually ask a premium over resale for a new building and amenities; at 81% this one's premium is high.

What we would check before you commit

The latest price list, the payment plan against possession in Dec 2028, the floor and view of the unit, and parking. Our team checks these with the developer for you.

Worli new launches, by quoted rate

ProjectRate / sq ftPossession
Nishika Elysium₹1,29,100Dec 2028
Godrej Trilogy Seafront₹1,26,100Apr 2035
Prestige Nautilus₹1,25,000Dec 2025
Birla Niyaara₹1,17,400Mar 2028
Kabra Dvayam₹1,15,700Apr 2030
El Dorado₹1,10,000May 2030

Quoted rates as recorded by Mumbai Property Exchange, Oct 2026; possession dates per MahaRERA where filed. Indicative — confirm with our team.

Our premium desk will personally arrange a private viewing.Request on WhatsApp

About Nishika Elysium

Location

The project is in Worli, Mumbai 400018, in the Mumbai City district. Across 1187 recent resale listings on MPE, homes in Worli have a median asking rate of ₹71,400 per sq ft, and a 2 BHK typically rents for about ₹2.3 Lakh 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, 81% above the locality's resale median. Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them.

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). Other projects by the same developer include Avighna Marquee, Worli House.

Buyer demand in Worli

In the last 90 days, buyers and tenants registered 57 requirements for Worli with Mumbai Property Exchange, 17 of them to buy and 4 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.

Worli market

prices, rents & rates

Price vs locality

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

Worli — resale, rent & yield

Resale
₹71,400/sqft
median · 1187 listings
Rent
₹296.9/sqft/mo
2 BHK ~₹230,000/mo
Gross yield
5.0%/yr
rent vs resale value

This project is quoted around ₹129,091/sqft — 81% above resale here.

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

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

Upcoming projects & infrastructure in Worli

take an informed decision

10 MahaRERA projects are due to hand over in Worli between 2026 and 2030; the nearest upcoming infrastructure to Nishika Elysium is the Worli-Sewri Connector, 1.7 km away (under construction · due 2026).

10
MahaRERA projects handing over in the next 5 years
in Worli
₹70,800/sqft▲
typical asking price
rising this quarter
₹83,800/sqft
ready reckoner rate (government) · carpet
2025-26 · highest govt zone rate in the area, shown per sq ft carpet · stamp duty is charged on the higher of this and the deal value
New projects in Worli by possession year
1
2026
2
2027
3
2028
3
2029
1
2030
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. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!
Ask for registered transactions ›
Questions about Worli prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Worli, then an advisor calls about your budget and configuration.

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

Nishika Elysium MahaRERA number and possession date

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

Nishika Elysium towers and phases

1 wing · 10 units
NISHIKA ELYSIUM · 20 fl · 10 u

Nishika Elysium address and location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Neighbourhood around Nishika Elysium

Nishika Elysium in Worli is 0.5 km from Acharya Atre Chowk metro station, 1.6 km from Mahalaxmi railway station, 0.4 km from Podar International School and 0.9 km from ESIS Hospital WORLI.

  • Ⓜ Metro stationAcharya Atre Chowk0.5 km
  • Ⓜ Metro stationWorli0.7 km
  • 🚉 Railway stationMahalaxmi1.6 km
  • 🏫 SchoolPodar International School0.4 km
  • 🏫 SchoolHappy Home and School for the Blind0.4 km
  • 🏥 HospitalESIS Hospital WORLI0.9 km
  • 🏥 HospitalPoddar Hospital0.9 km
  • 🎓 CollegeLala Lajpatrai College1.4 km
  • 🛍 Mallorbits mall2.9 km
  • 🌳 ParkLal Bahadur Shastri Udyan0.5 km

Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the 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%

What you pay, and when

an example

This is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.

In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.

Example: 5 BHK · 5500 sq ft at ₹71.00 Cr (the price recorded above).

Due soon after booking~₹49.70 Cr70%, stages already done
Balance till possession~₹21.30 Crover about 25 months
Stamp duty + GST~₹4.26 Cr + ₹3.55 Cr6% + 5%, plus ~₹30,000 registration
  1. ✓ Plinth complete45% paid by then
  2. ✓ Slabs complete70% paid by then
  3. ○ Walls, plaster & flooring75% paid by then
  4. ○ Sanitary fittings80% paid by then
  5. ○ Staircases, lift wells & lobbies85% paid by then
  6. ○ Lifts, pumps, plumbing & elevation95% paid by then
  7. ○ Possession100%

With a home loan: banks usually fund up to 75% (₹53.25 Cr here), released stage by stage, so your own money is about ₹17.75 Cr plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹46.21 L/month (8.5%, 20 years).

Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.

💬 Talk through the numbers with an MPE advisor

Amenities declared to MahaRERA

12
Aggregate area of recreational Open SpaceElectrical meter room, sub-station, r…Fire protection and fire safety requi…Internal Roads & FootpathsLandscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And DisposalStorm Water Drains
+4 more ▾
Street LightingTreatment And Disposal Of Sewage And …Water SupplyWater conservation /Rain water harvesting

Members' lens

The developer's full amenity list, views and home features

From the builder's brochure and the homes we have listed here. The list above is what was declared to MahaRERA.

18 brochure amenities
Sign in free to see them

Members only · one-time WhatsApp code · no spam

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 (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Resale Flats for Sale in Worli

4

Flats for Rent in Worli

4

Commercial for Sale in Worli

1

Commercial for Lease in Worli

2

Commercial Projects in Worli

More by Avighna India Ltd. (Fairleaf Developers Private Limited)

More by Avighna India Ltd. (Fairleaf Developers Private Limited) →

Compare Nishika Elysium with similarly priced projects nearby

MahaRERA projects nearby in Worli

Frequently Asked Questions

Is Nishika Elysium good value compared with other Worli homes?

It is quoted at about ₹1,29,100 per sq ft, about 81% above the Worli resale median of about ₹71,400. Prices are indicative; our team can confirm the latest.

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. Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them.

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 1 building, 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?

10 MahaRERA-registered projects in Worli are due for possession between 2026 and 2030, 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.

How far is Nishika Elysium from the nearest metro and railway station?

Nishika Elysium is about 0.5 km from Acharya Atre Chowk metro station and 1.6 km from Mahalaxmi railway station (straight-line distance; road distance is longer).

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 2026-10-06). 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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