Where is Nishika Elysium located?

Nishika Elysium is located in Worli, Mumbai. It is registered with MahaRERA under certificate P51900050965.

What is the possession date of Nishika Elysium?

Proposed possession for Nishika Elysium is Dec 2028. Contact MPE for the latest construction status.

How do I get current pricing and availability for Nishika Elysium?

Contact Mumbai Property Exchange on WhatsApp +91 98200 67525 or call +91 98200 30685 to reconfirm current pricing, availability and site visits.

Nishika Elysium by Fairleaf Developers in Worli — Price, Possession & RERA

Q: Is Nishika Elysium RERA registered?

Yes. Nishika Elysium is a MahaRERA-registered project (certificate P51900050965), listed on Mumbai Property Exchange.

Overview

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

₹129,000

/sqft · locality avg ₹117,500

10% above avg

₹

Worli — resale, rent & yield

Resale

₹57,596/sqft

median · 100 listings

Rent

₹250.0/sqft/mo

2 BHK ~₹215,000/mo

Gross yield

5.2%/yr

rent vs resale value

This project is quoted around ₹129,000/sqft — 124% above resale here.

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

Possession Timeline

Proposed

Dec 2028

Status

New

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price

5 BHK Amp Amp4,442–4,761 ft²₹57.3 Cr–₹61.42 Cr

Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).

💬 Live availability, floor plans & today's price — on WhatsApp

RERA Trust Record

MahaRERA No.

P51900050965

Registered

2024-03-05

Litigation

None on record

Escrow Bank

HDFC BANK

Architect

Vivek Bhole Architects Private Limited

Total FSI

5906

Buildings · 1 Wing(s)

Nishika Elysium20 floors · 10 units

Land DNA · Genesis

Redevelopment / SRA / MHADA / MMRDA / Freehold — provenance from MPE's verification layer. The genesis no portal shows.

Location

📍 Worli
18.994140466358992,72.814649457463840

▸ Explore map & Street View — for verified buyers

Promoter & Professionals

FAIRLEAF DEVELOPERS PRIVATE LIMITEDNA

VIVEK BHOLE ARCHITECTS PRIVATE LIMITEDArchitect

Availability & Pricing

TypeCarpetPriceAvail

5 BHK5500 ft²₹71 Cr—

Construction Progress

74% avg

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 Underground Water Tanks98%

Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.80%

Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises80%

External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.60%

Sanitary Fittings within the flats / premises0%

Stilt Floor 0%

Amenities

Swimming PoolKids Play AreaGardenClubhouseIndoor GamesMultipurpose HallMini TheatreGymnasiumJogging TrackYoga RoomSpaSports CourtCycling TrackCCTV24x7 SecurityVideo Door PhoneFire SafetyIntercomGated CommunityAC LiftsPower BackupWater HarvestingParkingVisitor ParkingPet FriendlyWooden FlooringConcealed WiringConcealed Plumbing