Worli · Mumbai
Nishika Elysium
Worli · by Avighna India Ltd. (Fairleaf Developers Private Limited)
Updated Oct 2026
WorliPhotos from the project record · tap to enlarge
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.
Ask an advisor to verify current developer inventory and price.
Availability & Pricing
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 WhatsAppUnit configurations filed with MahaRERA (1)
Nishika Elysium floor plans
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 1153 recent resale listings on MPE, homes in Worli have a median asking rate of ₹71,000 per sq ft, and a 2 BHK typically rents for about ₹2.5 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, 82% 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 59 requirements for Worli with Mumbai Property Exchange, 17 of them to buy and 4 specifically for 5 BHK homes.
Developer's description ▾
Worli market
prices, rents & ratesPrice vs locality
Worli — resale, rent & yield
This project is quoted around ₹129,091/sqft — 82% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Worli
Upcoming projects & infrastructure in Worli
take an informed decision2 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).
Supply is not evenly spread — one year carries almost half of it.
- 🛣️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
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.
RERA record & possession
Buildings · 1 wing
10 unitsLocation
Construction progress
per MahaRERASee all 11 stages ▾
What you pay, and when
an exampleThis 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).
- ✓ Plinth complete45% paid by then
- ✓ Slabs complete70% paid by then
- ○ Walls, plaster & flooring75% paid by then
- ○ Sanitary fittings80% paid by then
- ○ Staircases, lift wells & lobbies85% paid by then
- ○ Lifts, pumps, plumbing & elevation95% paid by then
- ○ 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 advisorAmenities
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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
3
Commercial for Lease in Worli
2
Commercial Projects in Worli
Compare Nishika Elysium with similarly priced projects nearby
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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 4 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.
