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NISHIKA ELYSIUM
By FAIRLEAF DEVELOPERS PRIVATE LIMITED
RG-MH-05381 · RERA P51900050965 · Last updated on MahaRERA portal: 2 Mar 2026
Source: official MahaRERA filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- No encumbrance on the project land
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against every project registered within 2 km.
See what the report covers Free either way: .Saved. When you are ready to decide, the Rs 499 buyer report reads the fine print for you.
NISHIKA ELYSIUM is a Others project by FAIRLEAF DEVELOPERS PRIVATE LIMITED in WORLI, 400018, registered with MahaRERA as P51900050965 on 16 May 2023. The registration is recorded completed; possession was promised by 31 Dec 2028. 0 of the 10 units on this registration are recorded sold or booked, and 5 of 11 construction stages are filed complete.
At a glance
Project
- NameNISHIKA ELYSIUM
- TypeOthers
- Location
- DR ANNIE BESANT ROAD
- WORLI
- 400018
- Pincode400018
- MapView location on Google Maps (as filed on RERA)
- RERA no.P51900050965
- ReraGenie IDRG-MH-05381
Builder
- NameFAIRLEAF DEVELOPERS PRIVATE LIMITED
- Entity typeCompany
- CINU41001MH2023PTC411703
- GSTIN27AAFCF6554N1Z2
- PartnersDINESH NARAYANLAL MAHESHWARI, ABHISHEK ANANT SATAM
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on16 May 2023
- Promised completion31 Dec 2028
- Revised completionNone
- Buildings1 building record
- Documents filed75 files
Current status
Figures as on 2 Mar 2026, this project's latest MahaRERA filing.
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| NISHIKA ELYSIUM | NA | 20 | 12 | 10 | 0 | 10 |
The full filing
Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.
Construction progress by building1
As on 2 Mar 2026, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
5 of 11 construction stages are filed complete. The stage furthest along is Staircases, at 98%.
NISHIKA ELYSIUM: 74% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 100% |
| Plinth | 100% |
| Stilt Floor | 0% |
| Slabs of Super Structure | 100% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 80% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 98% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 60% |
| 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% |
Progress on shared amenities15
As on 2 Mar 2026, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | Yes | 0% |
| Water Supply | Yes | 40% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 60% |
| Storm Water Drains | Yes | 60% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | No | Not applicable |
| Fire protection and fire safety requirements | Yes | 50% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | No | Not applicable |
Parking filed77
Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.
Land and ownership
Declared none is the promoter's own declaration to the regulator, not a title search. A search at the sub-registrar is what confirms it.
Approvals and building plan
Project account and cost
70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.
| Building | Wing | Estimated | Incurred |
|---|---|---|---|
| NISHIKA ELYSIUM | NA | Rs 51.00 cr | Rs 52.56 cr |
Certifying professionals and partners7
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | VIVEK BHOLE ARCHITECTS PRIVATE LIMITED |
| Engineer | UNISTEPS CONSULTING PRIVATE LIMITED |
| Engineer | MAHIMTURA CONSULTANTS PRIVATE LIMITED |
| Engineer | BIRJU NATH GOSWAMI GOSWAMI |
| Chartered Accountant | N. B. Khandelwal & Co. KHANDELWAL |
| Chartered Accountant | R K Jagetiya & Co |
| Chartered Accountant | Trupti Khandelwal |
| Partner | Role in project |
|---|---|
| FAIRLEAF DEVELOPERS PRIVATE LIMITED | - |
Complaints filed with MahaRERA
No complaints on record against this registration.
The permission chain
The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 28 Apr 2023 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 26 Apr 2023 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 20 Oct 2025 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 20 Oct 2025Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateNot on the file
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
Documents filed75
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Withdrawal Update Form 1File: Architects Cer.pdf | 2 Mar 2026 |
| Withdrawal Update Form 2File: Form 2 ENGINEER CERTIFCATE Nishika Elysium final.pdf | 2 Mar 2026 |
| Withdrawal Update Form 3File: FINAL-Form 3 CERTIFICATE Nishika Elysium-DEC 25.pdf | 2 Mar 2026 |
| Occupational CertificateFile: Full OC.pdf | 2 Mar 2026 |
| Commencement certificateFile: 2495280_FurtherCC_signed.pdf | 20 Oct 2025 |
| Building plan approvalFile: Drawing Part 1.pdf | 20 Oct 2025 |
| Building plan approvalFile: Drawing Part 2.pdf | 20 Oct 2025 |
| Building plan approvalFile: Drawing Part 3.pdf | 20 Oct 2025 |
| Withdrawal Update Form 1File: Form 1.pdf | 20 Oct 2025 |
| Withdrawal Update Form 2File: RERA Certificate for Nishika Elysium.pdf | 20 Oct 2025 |
| Withdrawal Update Form 3File: FINAL-Form 3 CERTIFICATE Nishika Elysium-Sep25.pdf | 20 Oct 2025 |
| Form 2A (FY 2023-2024)File: Form 2A - Quality Assurance Certificate New-Nishika Elysium.pdf | 20 Oct 2025 |
| Building plan approvalFile: 2491916Amendletter_signed.pdf | 10 Oct 2025 |
| Building plan approvalFile: Drawing_compressed.pdf | 10 Oct 2025 |
| Form 5 (FY 2024-2025)File: FORM -5 FAIRLEAF.pdf | 29 Sep 2025 |
| Form 2A (FY 2024-2025)File: Final 2A uploaded.pdf | 10 Jul 2025 |
| Building plan approvalFile: Building plan.pdf | 17 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architects Cert.pdf | 17 Apr 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 CA CERTIFICATE Nishika Elysium-MARCH 2025.pdf | 17 Apr 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 9680 - Rera certificate for Nishika Elysium 15-4-2025 (1).pdf | 17 Apr 2025 |
| Commencement Certificates / NA Order for plotted developmentFile: 2468295_FurtherCC_signed.pdf | 17 Apr 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Building plan.pdf | 17 Apr 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architects Cert_compressed.pdf | 18 Jan 2025 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FINAL-Form 3 CA CERTIFICATE Nishika Elysium_compressed.pdf | 18 Jan 2025 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2 ENGINEER CERTIFCATE Nishika Elysium.pdf | 18 Jan 2025 |
| Building plan approvalFile: Amendletter_signed.pdf | 15 Jan 2025 |
| Commencement Certificates / NA Order for plotted developmentFile: Amendletter_signed.pdf | 15 Jan 2025 |
| Building Plan Approval / NA Order for plotted developmentFile: Amendletter_signed.pdf | 15 Jan 2025 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architects Cert.pdf | 22 Oct 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FINAL Form 3 CA CERTIFICATE Nishika Elysium Signed.PDF | 22 Oct 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 9680 Nishika RERA Certificate.pdf | 22 Oct 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Form-5 Signed.pdf | 22 Oct 2024 |
| Form 5 (FY 2023-2024)File: FORM 5 FAIRLEAF DEVELOERS PVT LTD.PDF | 3 Oct 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architects Cert.pdf | 19 Jul 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 9680 - Rera certificate for Nishika Elysium.pdf | 19 Jul 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FINAL Form 3 CA CERTIFICATE Nishika Elysium-SIGNED.pdf | 19 Jul 2024 |
| Engineers Certificate on Quality Assurance (Form 2A FY 2023-24)File: Form 2A - Quality Assurance Certificate New-Nishika Elysium.pdf | 28 Jun 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Arhcitects Cert.pdf | 20 Apr 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: 9680 - Rera Certificate for Nishika Elysium.pdf | 20 Apr 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: FORM 3CA CERTIFICATE NISHIKA ELYSIUM-SIGNED.pdf | 20 Apr 2024 |
| Commencement Certificates / NA Order for plotted developmentFile: 2408589_FurtherCC_signed.pdf | 7 Feb 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Form 1-Architects Cert.pdf | 16 Jan 2024 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Form 2-Engineers Certificate.pdf | 16 Jan 2024 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 CA CERTIFICATE Nishika Elysium-SIGNED.pdf | 16 Jan 2024 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architects Cert.pdf | 30 Oct 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Rera certificate for Nishika Elysium.pdf | 30 Oct 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Cert final.pdf | 30 Oct 2023 |
| Building plan approvalFile: Approved Plan_compressed.pdf | 26 Jul 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Approved Plan_compressed.pdf | 26 Jul 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architects Certificate Signed.pdf | 20 Jul 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineers Cert Signed.pdf | 20 Jul 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Cert.pdf | 20 Jul 2023 |
| Disclosure of Interest in Other Real Estate OrganizationsFile: Declaration of other real estate projects.pdf | 12 May 2023 |
| Proforma of Agreement for saleFile: Agreement.pdf | 12 May 2023 |
| Details of encumbrances concerned to FinanceFile: NO Encumbrances Certificate format done.pdf | 2 May 2023 |
| Details of encumbrances concerned to FinanceFile: Declaration - Details of encumbrances concern to legal done.pdf | 2 May 2023 |
| Details of encumbrances concerned to LegalFile: NO Encumbrances Certificate format done.pdf | 2 May 2023 |
| Details of encumbrances concerned to LegalFile: Declaration - Details of encumbrances concern to legal done.pdf | 2 May 2023 |
| CERSAI detailsFile: Declaration about Cersai done.pdf | 2 May 2023 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: CA Certificate.pdf | 2 May 2023 |
| Separate Bank Account details including no encumbrances on the Bank Account or no escrow on the sameFile: Declaration about separate bank account done.pdf | 2 May 2023 |
| Copy of the legal title reportFile: Title Report (Maha RERA) Petrol Pump.pdf | 28 Apr 2023 |
| Deviation Report with respect to model copy of AgreementFile: Deviation report.pdf | 27 Apr 2023 |
| Layout approvalFile: Approved Plan.pdf | 26 Apr 2023 |
| Building plan approvalFile: Approved Plan.pdf | 26 Apr 2023 |
| Copy of Layout Approval (in case of layout)File: Approved Plan.pdf | 26 Apr 2023 |
| Building Plan Approval / NA Order for plotted developmentFile: Approved Plan.pdf | 26 Apr 2023 |
| Declaration about Commencement CertificateFile: Declaration about CC done.pdf | 26 Apr 2023 |
| Declaration in FORM BFile: notarised form B.pdf | 26 Apr 2023 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Architects Certificate.pdf | 26 Apr 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Engineers Certificate.pdf | 26 Apr 2023 |
| Proforma of Allotment letterFile: Allotment letter.pdf | 26 Apr 2023 |
| Deviation Report with respect to Allotment letterFile: Deviation Report Allottment Letter done.pdf | 26 Apr 2023 |
| PAN CardFile: pan card fairleaf.pdf | 6 Apr 2023 |
| Commencement Certificates / NA Order for plotted developmentFile: 2369716_FirstCC_signed.pdf | 6 Apr 2023 |
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Other projects near WORLI
Filed coordinates, straight-line distance. 18 registered projects within 2 km.
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Nayan Real Estate Private Limited
Godrej Trilogy Seafront
EMBELLISH HOUSES PRIVATE LIMITED, AKSHAY S
Kalpataru One - Wing A
Kalpataru Properties Limited
Godrej Trilogy Seaturf
EMBELLISH HOUSES PRIVATE LIMITED, AKSHAY S
WORLI HOUSE
HARBOUR FRONT PROPERTIES PRIVATE LIMITED
Builder: FAIRLEAF DEVELOPERS PRIVATE LIMITED
FAIRLEAF DEVELOPERS PRIVATE LIMITED has 1 registration on MahaRERA, including NISHIKA ELYSIUM. Its filings disclose no earlier MahaRERA projects. Read the full track record.
Frequently asked questions
What are my rights if NISHIKA ELYSIUM is delayed beyond 31 Dec 2028?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.
How do I verify and contact the developer of NISHIKA ELYSIUM?
The registered promoter entity is FAIRLEAF DEVELOPERS PRIVATE LIMITED, a company as per the filing. Its CIN U41001MH2023PTC411703 and GSTIN 27AAFCF6554N1Z2 can be cross-checked on the MCA and GST portals. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.
Is my payment protected in NISHIKA ELYSIUM?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
How current is the construction progress shown for NISHIKA ELYSIUM?
Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.
Who certifies construction progress at NISHIKA ELYSIUM?
The professionals named in the filing: Architect: VIVEK BHOLE ARCHITECTS PRIVATE LIMITED; Engineer: UNISTEPS CONSULTING PRIVATE LIMITED; Engineer: MAHIMTURA CONSULTANTS PRIVATE LIMITED; Engineer: BIRJU NATH GOSWAMI GOSWAMI; Chartered Accountant: N. B. Khandelwal & Co. KHANDELWAL; Chartered Accountant: R K Jagetiya & Co. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in NISHIKA ELYSIUM?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.
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