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Elite Mustafa Palace Nagpada, Mumbai
₹1.37 Cr - 2.14 Cr
₹34,684 Per Sq. Ft.
Square Yards experts are actively closing deals
About Elite Mustafa Palace, Nagpada by Elite Realty
Introducing Elite Mustafa Palace, a premier residential project located in Agripada, offering you an unparalleled living experience. With its strategic location, the project is well-connected to major roads like Eastern Express Highway and Sir Jamshetji Jeejeebhoy Road, making it easily accessible to various parts of the city. The project possesses a RERA registration number - P51900033383.
Elite Mustafa Palace offers a range of modern amenities to ensure a comfortable and convenient lifestyle. The project boasts of a power backup facility and kids play areas/sand pits for the young ones. Whether you re a young professional or a growing family, this project has everything you need to live life to the fullest.
The project s specification is designed to provide utmost comfort and style to its residents. From wall finishes like oil bound distemper in the master bedroom to other amenities and specifications, every aspect of the project is geared towards providing a world-class living experience. Don t miss out on this wonderful opportunity to own a property in one of Mumbai s most sought-after locations.
Available Unit OptionsThe following table outlines the available unit options at Elite Mustafa Palace:
| Unit Type | Area (Sq. Ft.) | Price (Rs.) |
| 1 BHK Apartment | 260 | |
| 1 BHK Apartment | 483 | ON REQUEST |
| 2 BHK Apartment | 595 | ON REQUEST |
| 2 BHK Apartment | 616 | ON REQUEST |
The residential property is strategically located near several notable landmarks, providing residents with easy access to essential amenities and services. These landmarks not only enhance the quality of life for residents but also offer a unique blend of convenience and comfort.
- Christ Church School is just 0.43 km away, making it an ideal choice for families with children.
- 48 Hospital is 0.27 km away, ensuring timely medical attention in case of an emergency.
- Grant Road Post Office is 1.45 km away, providing a convenient connection to the city.
- Hotel Ripon Palace is 0.57 km away, perfect for guests and visitors.
- Rubberwala The Platinum Mall is 0.80 km away, offering a range of shopping and dining options.
- Shubham Business Center is 1.32 km away, offering a hub for business and entrepreneurship.
In a recent surge in activity, the real estate market has seen a steady stream of government-registered transactions over the past three months, six months, and one year. With a total of 2 sales transactions and a combined gross sales value of 2 Cr, the current rental rate remains a steady 17,875, providing a consistent benchmark for investors and homeowners alike. While there have been no notable changes in the rental rate over this period, the lack of fluctuations can be attributed to the stable market conditions. When examining the sales transactions, the data reveals a consistent flow of activity, adding to the momentum in the local property market.
Elite Mustafa Palace Floor Plans and Pricing
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1 BHK Apartment - 483 sq. ft. (Carpet Area)
coming soon
2 BHK Apartment - 595 sq. ft. (Carpet Area)
coming soon
2 BHK Apartment - 616 sq. ft. (Carpet Area)
Government Registrations in Elite Mustafa Palace
1 Sales Transactions Registered in Elite Mustafa Palace From Nov 25 to Oct 26 at Avg. Price ₹ 22.5 K/Sq.Ft.
No Square Yards registrations available for this project yet.
Elite Mustafa Palace Price Trends and Market Insights
Price Trends
Elite Mustafa Palace's average asking price is cooling quarter-on-quarter, compared with Nagpada.
- Current asking price
- ₹ 32,750/sq.ft.
- Quarter over quarter price change
- -5.6% QoQ
Comparable Projects
Elite Mustafa Palace avg. price is ₹ 32.8 K/Sq.Ft. compared to Nagpada at ₹ 35 K/Sq.Ft.
Rentals
Monthly Rent in Nagpada ranges from ₹ 43.7 K to ₹ 3.5 L with options available for 1,2,3,4 BHK units
Recent Updates
Get the latest price and market updates for Elite Mustafa Palace.
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A total of 1 residential transactions has been registered so far for Elite Mustafa Palace, amounting to ₹ 80 L till October 2026.
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During Q2'2026, average property prices for Elite Mustafa Palace moved from ₹ 25,650/sqft to ₹ 34,700/sqft, reflecting a 35.28% rise.
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MMRDA Presents Surplus Budget with Significant Allocation for Infrastructure
MMRDA has presented a surplus budget of ₹48,072 crore, with 87% allocated to infrastructure projects, including roads, public transport, and urban development. A notable provision of ₹4,000 crore is earmarked for the development of Mumbai 3.0 New Town, aiming for planned urban expansion.
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Preparatory Work Begins for Mumbai Metro Line 11 Extension
The Mumbai Metro Rail Corporation (MMRC) has initiated groundwork for the underground extension of Metro Line 11, which will connect Wadala to Bandra Terminus via Dharavi. This extension will form part of the broader Metro 11 corridor, which links Wadala to the Gateway of India via Nagpada and Crawford Market.
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BMC Budget Includes ₹6,475 Crore for Water Security Projects
The BMC's FY26-27 budget includes a substantial allocation of ₹6,475 crore for water security initiatives. This funding is designated for projects such as the Manori desalination plant (₹500 crore) and the Gargai project (₹437.51 crore), aimed at augmenting the city's water supply capacity.
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Mumbai-Pune Expressway 'Missing Link' Project Set for May 1 Inauguration, Promising Safer and Faster Travel
The highly anticipated 'Missing Link' project on the Mumbai-Pune Expressway is set to be inaugurated on May 1, significantly reducing travel time by approximately 30 minutes and enhancing safety. The 10.5-km stretch features tunnels and a bridge, bypassing the accident-prone Khandala Ghat. This infrastructure upgrade is expected to ease traffic congestion, improve travel safety.
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A total of 21 out of 37 launched units have been booked as of November 2025, including 59% of 1 BHK(17 out of 29 units), 50% of 2 BHK(4 out of 8 units).
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External Works has reached 97%, Internal finishing stands at 97%, MEP Services including lift and staircases, are now 95% done.
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External Works has reached 95%, Internal finishing stands at 95%, MEP Services including lift and staircases, are now 93% done.
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A total of 21 out of 37 launched units have been booked as of January 2025, including 59% of 1 BHK(17 out of 29 units), 50% of 2 BHK(4 out of 8 units).
Govt. Registrations
1 Sales Transactions Registered in Elite Mustafa Palace From Nov 25 to Oct 26 at Avg. Price ₹ 22.5 K/Sq.Ft.
Transaction Period Nov 25 to Oct 26
Amenities & Specifications of Elite Mustafa Palace
Sports
- Kids' Play Areas / Sand Pits
Convenience
- Power Backup
- Treated Water Supply
- 24*7 Water Supply
- Lift
Safety
- 24 x 7 Security
Environment
- Normal Park / Central Green
Leisure
- Indoor Games
Specifications
- Master Bedroom-Walls
- Oil Bound Distemper
- Master Bedroom-Flooring
- Vitrified Tiles
- Other Bedrooms-Flooring
- Vitrified Tiles
- Walls
- Oil Bound Distemper
- Living Area-Flooring
- Vitrified Tiles
- Structure
- RCC Frame Structure
Location and Connectivity Around Elite Realty Nagpada

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Trust & Verification
RERA Details of Elite Mustafa Palace
P51900033383
Mustafa Palace
Rera Url:
- Square Yards RERA Reg. A51800000454
How does Elite Mustafa Palace compare with similar projects?
Elite Realty Track Record
Frequently Asked Questions About Elite Mustafa Palace
The project offers 1 BHK and 2 BHK apartments with varying areas ranging from 260 Sq. Ft. to 616 Sq. Ft.
Elite Mustafa Palace offers amenities such as power backup, 24x7 security, kids play areas, and indoor games, among others.
The project is connected to Eastern Express Highway at a distance of 0.2 km and Sir Jamshetji Jeejeebhoy Road at a distance of 0.4 km.
The project is currently in its early stage of construction.
The prices for units in Elite Mustafa Palace are not provided, and interested buyers can contact the developer for more information.
This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.
*Real Estate (Regulation & Development) Act, 2016.