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Merx Icon Jacob Circle, Mumbai
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About Merx Icon, Jacob Circle by Merx Realty
Merx Icon is a residential project coming up in Mumbai. It is planned on a fairly open land parcel with a low-density layout. The project is meant for people who prefer quieter living in the city.The focus stays on comfort, space, and everyday usability.
The location of Merx Icon allows easy access to daily city needs. Road connectivity helps reach nearby work areas and local hubs. Markets, schools, and medical facilities are available close by. Public transport options are also within a reasonable distance. This makes daily travel simpler and less time-consuming.
Merx Icon includes a total of 85 homes. The project is spread across around 1.29 acres of land. The limited number of apartments helps avoid crowding. Movement within the premises stays easy and organised. The overall layout supports a calm residential environment.
Homes at Merx Icon are designed with daily living in mind. Room layouts are straightforward to furnish. Windows bring in natural light and fresh air. Vastu-compliant planning is followed across the homes. Decorative main entrance doors come with good-quality fittings. The internal design avoids unnecessary passages and awkward corners.
A Jain Derasar is located on the ground floor of the project. This offers a peaceful space for prayer and routine worship. Common areas are kept simple and easy to access. The overall planning focuses on order and comfort rather than excess.
Merx Icon is developed by Merx Realty. The developer works on residential projects with practical layouts. Their focus remains on quality construction and clear planning. This project reflects a balanced approach to urban housing.
Amenities at Merx Icon, Jacob Circle, Mumbai
- Swimming pool with a separate kids’ pool for relaxed family time.
- Rooftop lounge with terrace garden and private green corners for quiet breaks.
- Amphitheatre, banquet hall, and mini theatre planned for events and screenings.
- Café and chill-out lounge designed for casual meetups and downtime.
- Fully equipped gym with jogging and cycling track for daily fitness routines.
- Dedicated yoga and meditation court for calm and focused practice.
- Sports zones including cricket pitch, lawn tennis, and a multipurpose court.
- Indoor games room and kids’ play area with sand pits for active play
Your Gateway to Jacob Circle, Mumbai: Location Benefits at Merx Icon
Discover a lifestyle where everything you need is just moments away from Merx Icon.
Key Distances :
- Byculla Railway Station – 400 m
- Mahalaxmi Railway Station – 1 km
- Mumbai Central Railway Station – 2.3 km
- Sant Gadge Maharaj Chowk Monorail Station – 0.5 km
- Eastern Express Highway – 1.7 km
- Chhatrapati Shivaji Maharaj International Airport(CSMI) – 15.8 km
Nearby IT Parks and office spaces
Lower Parel business district, Peninsula Corporate Park, One International Centre
Social Infrastructure Highlights
- Retail & Entertainment Hubs: Phoenix Palladium, Atria Mall, Mastan Collection
- Educational Institutions: St. Mary School, JBCN International Schools, Christ Church School
- Advanced Healthcare: Wockhardt Hospital, Narayana Health, SRCC Children’s Hospital
- Hotels & Restaurants: Shree Ram Hotel, Hotel Shiv Punjab, Sarvi Restaurant
Upcoming Projects near Merx Icon, Jacob Circle, Mumbai
Discover the future of the neighbourhood with these upcoming projects.
- Metro Line 3(Aqua Line): A 33.5 km underground line is fully operational as of late 2025.
- Monorail Revitalisation: The 19.48 km Chembur-Wadala - Jacob Circle route is receiving 10 new train sets throughout 2025 and 2026.
- Mahalaxmi Cable-Stayed Bridge: A new structure is built to enhance the east-west connectivity.
These updates will make daily life smoother and boost real estate values.
Merx Icon, Jacob Circle, Mumbai: An Investment Marvel
Mumbai has immensely emerged as a prime location for those seeking an urban lifestyle combined with modern conveniences.
- Mumbai has seen a 7-15%* increase in property prices last year, driven by connectivity and growing infrastructure.
- The Average rental yield in the area is approximately 2-4%*. It is a favoured area among homebuyers due to its proximity to the railway and the metro stations.
*These figures are derived from our Data Intelligence team and may differ slightly according to the market trends.*
With Merx Realty, discover a home that goes beyond expectations, crafted for comfort, style, and legacy.
Merx Icon Floor Plans and Pricing
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2 BHK Apartment - 700 sq. ft. (Carpet Area)
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3 BHK Apartment - 900 sq. ft. (Carpet Area)
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3 BHK Apartment - 1125 sq. ft. (Carpet Area)
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Retail Shop - 445 sq. ft. (Carpet Area)
Merx Icon Price Trends and Market Insights
Price Trends
Merx Icon's average asking price is stable quarter-on-quarter, compared with Jacob Circle.
- Current asking price
- ₹ 44,800/sq.ft.
Comparable Projects
Merx Icon avg. price is ₹ 44.8 K/Sq.Ft. compared to Jacob Circle at ₹ 44 K/Sq.Ft.
Rentals
Monthly Rent in Jacob Circle ranges from ₹ 2.3 L to ₹ 3 L with options available for 2,3 BHK units
Recent Updates
Get the latest price and market updates for Merx Icon.
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During Q3'2026, average property prices for Merx Icon moved from ₹ 43,150/sqft to ₹ 44,800/sqft, reflecting a 3.82% rise.
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BMC's First Cable-Stayed Bridge Over Railway Tracks Nears Completion
BMC is on track to complete its first cable-stayed bridge over railway tracks near Mahalaxmi station by December 31, 2026. The 803-meter-long bridge will connect Saat Rasta with Mahalaxmi Maidan, aiming to improve traffic flow and connectivity in the area.
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Mumbai Monorail Services to Resume After Nine-Month Hiatus
Mumbai's monorail services are set to resume soon after a nine-month suspension, following approval from the Maharashtra government for safety improvements and fare revisions. MMRDA has proposed increased ticket prices. The monorail, which previously carried around 18,000 passengers daily, will offer improved services after safety upgrades.
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During Q1'2026, average property prices for Merx Icon moved from ₹ 33,950/sqft to ₹ 45,600/sqft, reflecting a 34.32% rise.
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Mumbai Monorail services will be temporarily suspended from September 20, 2025, until further notice, to carry out major upgrades aimed at making the system safer, smoother, and more reliable. The entire 19.74-kilometre route between Chembur and Sant Gadge Maharaj Chowk (Jacob Circle) will be closed to accelerate the integration of new rolling stock, installation of an advanced Communication-Based Train Control (CBTC) signalling system developed in Hyderabad, and refurbishment of ageing rakes. Ten new 'Make in India' train rakes are being procured, with eight already delivered. The suspension follows a series of recent technical failures and will enable uninterrupted installation, commissioning, and testing of new systems and complete overhauling of older rakes. The new CBTC system promises enhanced safety, shorter train intervals, and greater reliability.
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The Mumbai Metropolitan Region Development Authority (MMRDA) has announced the temporary suspension of monorail services starting September 20, 2025, until further notice to facilitate comprehensive system upgrades. The suspension will allow for the integration of new rolling stock, commissioning of an advanced Communication Based Train Control (CBTC) signaling system, and refurbishment of the existing fleet to ensure long-term reliability. This decision follows several recent technical failures that raised safety concerns. The upgrade of the monorail network could take two months.
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ICON BY MERX, developed by MAGNUM LAND REALTORS LLP, officially launched on 22-Sep-2025 and expected to complete by 31-Dec-2029. Registered under RERA No. P51900080981. The project comprises 2 towers and offers 218 residential units, with unit sizes ranging from 226 to 3025 Square feet with total area of 1.30 Acre.
Master Plan, Photos, Videos & Brochure of Merx Icon
Explore the master plan, project photos and walkthrough videos of Merx Icon to understand the overall layout, tower placement, amenities, landscaped spaces and key highlights before making your buying decision.
Download brochure & master plan of Merx Icon to explore floor plans and layout details in Jacob Circle, Mumbai.
Amenities & Specifications of Merx Icon
Sports
- Gymnasium
- Swimming Pool
- Football
- Cricket
- Kids' Play Areas / Sand Pits
- Basketball
- Yoga Areas
- Jogging / Cycle Track
- Snooker/Pool/Billiards
- Gazebo
Convenience
- Power Backup
- Treated Water Supply
- Pet Area
- 24*7 Water Supply
- Lift
- Party Lawn
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 Merx Realty Jacob Circle

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Trust & Verification
RERA Details of Merx Icon
P51900080981
Icon By Merx
Rera Url:
- Square Yards RERA Reg. A51800000454
How does Merx Icon compare with similar projects?
Merx Realty Track Record
Resale Listings in Merx Icon
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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.