Nishat Bagh, is a terraced Mughal garden built on the eastern side of the Dal Lake, close to Srinagar in the state of Jammu and Kashmir. It is the second largest Mughal garden in the Kashmir Valley. The largest in size is the Shalimar Bagh, which is also located on the bank of the Dal Lake.

"Nishat Bagh"is a Hindustani word, which means "Garden of Joy," "Garden of Gladness" and "Garden of Delight."

Located on the bank of the Dal Lake, with the Zabarwan Mountains as its backdrop, Nishat Bagh is a garden of bliss that commands a magnificent view of the lake beneath the snow capped Pir Panjal mountain range that stands far away to the west of the valley. The Bagh was designed and built in 1633 by Asif Khan, elder brother of Noor Jehan.