Jacob Circle in Mumbai presents a dynamic property market, with an average registration rate of ₹22,813 per sq ft, though asking prices are not explicitly listed. The market shows varied trends, with an apartment average price of ₹44,040 per sq ft, a decrease of 7.05%. Ready to Move properties are most prevalent with 17 units averaging ₹37,172 per sq ft, while Under Construction units are priced at ₹33,731 per sq ft. The average rental rate across Jacob Circle is ₹204 per sq ft, with 1 BHK apartments commanding ₹31,667 per month and 4 BHK units reaching ₹5.08 Lakh per month.
Insights for Jacob Circle, Mumbai Real Estate Market Overview
Jacob Circle, Mumbai, showcases a mixed property market with a notable registration rate of ₹22,813 per sq ft. Price trends indicate a slight dip, with the average rate for apartments at ₹44,040 per sq ft experiencing a 7.05% decrease. The current market favors Ready to Move properties, accounting for 17 units with an average price of ₹37,172 per sq ft, while Under Construction projects are priced at ₹33,731 per sq ft. Transaction data reveals 49 registered deals totaling ₹137 Cr between May 2025 and April 2026, at an average registered rate of ₹22,800 per sq ft. Godrej leads developer activity with 2 transactions. Rental demand is robust, with an average rental rate of ₹204 per sq ft. 1 BHK apartments are available for ₹31,667 per month, scaling up to ₹5.08 Lakh per month for 4 BHK units. Top rental projects include Planet Godrej at ₹247 per sq ft.
Market Strengths
The average rental rate across Jacob Circle is ₹204 per sq ft, indicating a healthy rental market.
1 BHK apartments are available for rent at an average of ₹31,667 per month, showing strong demand for smaller units.
4 BHK apartments command a high average rental rate of ₹5.08 Lakh per month, reflecting the premium segment's rental potential.
The presence of 17 Ready to Move units provides immediate housing solutions for buyers.
Projects like Planet Godrej are attracting renters with a current rate of ₹247 per sq ft.
The registration of 49 deals totaling ₹137 Cr signifies active market participation.
Byculla West shows a slight positive trend with a 0.22% increase in property rates.
Market Challenges
The average price for apartments has seen a 7.05% decrease, indicating a potential softening in this segment.
Ready to Move properties have experienced a 10.02% price drop, suggesting possible oversupply or reduced demand for immediate occupancy.
New Launch projects have seen a 2.26% decrease in average price, hinting at cautious buyer sentiment for new developments.
Byculla East shows a significant 14.86% decrease in property rates, indicating localized market challenges.
Investment Opportunities
The rental market offers diverse opportunities, with 1 BHK apartments averaging ₹31,667/month and 4 BHK units reaching ₹5.08 Lakh/month, catering to different tenant needs.
Ready to Move properties, currently averaging ₹37,172 per sq ft, present an immediate occupancy option for investors looking for quicker returns.
Under Construction projects, priced at ₹33,731 per sq ft, offer potential for capital appreciation as development progresses.
The average rental rate of ₹204 per sq ft suggests a steady demand for rental properties in Jacob Circle.
Projects like Planet Godrej, with a current rental rate of ₹247 per sq ft, represent high-demand rental assets within the locality.
Price Trend
Jacob Circle, Mumbai Property Price Trends and Appreciation
The property market in Jacob Circle, Mumbai, has seen some fluctuations in recent quarters. Between September 2025 and June 2025, the location rate saw a decrease from ₹47,378 to ₹44,040 per sq ft. Meanwhile, the micromarket rate experienced a slight increase from ₹28,223 to ₹28,731 per sq ft over the same period.
Jacob Circle's real estate landscape is complemented by surrounding micro-markets, each with distinct pricing. Chinchpokli averages ₹39,821 per sq ft, while Agripada stands at ₹35,573 per sq ft, reflecting a 10.73% decrease. Byculla West commands ₹43,140 per sq ft, showing a slight increase of 0.22%, whereas Byculla East is priced at ₹35,250 per sq ft, down 14.86%. Ghodapdeo averages ₹36,827 per sq ft, and the broader Byculla locality is priced at ₹44,040 per sq ft. Further afield, Mahalaxmi is priced significantly higher at ₹60,590 per sq ft, and Lalbaug offers properties at ₹56,367 per sq ft, indicating a substantial 19.06% rise.
In Jacob Circle, Mumbai, the residential property market is dominated by apartments, which currently average ₹44,040 per sq ft. This segment has experienced a notable decrease of 7.05% in its average price, suggesting a shifting market dynamic for apartment buyers.
Jacob Circle's property market offers a diverse range of options across different construction stages. Ready to Move properties are the most abundant, with 17 units averaging ₹37,172 per sq ft and showing a 10.02% decrease. Under Construction projects present 1 unit at ₹33,731 per sq ft, indicating a slight 0.28% increase. New Launch projects include 2 units priced at ₹34,342 per sq ft, with a 2.26% decrease, while Project on Hold units are priced higher at ₹51,566 per sq ft, reflecting a 1.77% increase.
Project & Developer Insights
Top Residential Projects and Developers in Jacob Circle
Top Projectsin Jacob Circle
LnT Island Cove is the top project in Jacob Circle with prices from ₹ 6.34 Cr.
LnT Island Cove
₹ 6.34 Cr - ₹ 6.34 Cr
Mumbai South, Mumbai
JP Codename Matunga Origins
₹ 2.93 Cr - ₹ 4.23 Cr
Mumbai South, Mumbai
Godrej Trilogy
₹ 18.88 Cr - ₹ 29.95 Cr
Mumbai South, Mumbai
Piramal Mahalaxmi
₹ 5.45 Cr - ₹ 14.03 Cr
Mumbai South, Mumbai
Runwal Timeless
₹ 1.59 Cr - ₹ 3.4 Cr
Mumbai South, Mumbai
Kalpataru Azuro
₹ 45 Cr - ₹ 71.98 Cr
Mumbai South, Mumbai
Lodha Malabar
Price On Request
Mumbai South, Mumbai
Lodha Sea Face
Price On Request
Mumbai South, Mumbai
Prestige Ocean Towers
₹ 26 Cr - ₹ 50.68 Cr
Mumbai South, Mumbai
Godrej Carmichael
₹ 87.92 Cr - ₹ 87.92 Cr
Mumbai South, Mumbai
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New Launch
Under Construction
Ready to Move
Top Developersin Mumbai
Godrej leads in Mumbai with 43 projects and 29 years of experience.
Godrej
₹ 1.15 Cr - ₹ 87.92 Cr
43 Projects
29 Years
DB Realty
₹ 55 L - ₹ 15.05 Cr
33 Projects
17 Years
Dinesh Project
1 Projects
ALF Developers
1 Projects
Olympia Enterprises
₹ 92.30 L - ₹ 2.46 Cr
1 Projects
AR Group Mumbai
₹ 1.74 Cr - ₹ 2.34 Cr
1 Projects
Merx Realty
₹ 2.99 Cr - ₹ 5.07 Cr
1 Projects
View More
Top Projects by Listing Rates, Transaction Count and Transaction Value
Premium residential projects in Jacob Circle showcase a range of asking prices, reflecting their positioning and amenities. Godrej Planet is listed at ₹52,941 per sq ft, experiencing a minor 0.33% decrease. DB Views is priced at ₹51,566 per sq ft, with a 1.77% increase, and Planet Godrej is available for ₹51,374 per sq ft, down 6.53%. Laxmipooja Apartments are priced at ₹41,389 per sq ft, showing a 9.03% decrease, while Shree Nathu Bhagat CHS is listed at ₹35,590 per sq ft.
Project Name
Current Price (₹/sq.ft)
Sale Value
Change %
Laxmi Niwas Chs Jacob Circle, Jacob Circle
34,636
2,75,00,000
-
High-value transactions in Jacob Circle are currently centered on Laxmi Niwas CHS Jacob Circle, which recorded ₹2.75 Cr for its single transaction at a rate of ₹34,636 per sq ft. This indicates a significant investment in this specific property.
Project Name
Current Price (₹/sq.ft)
Transactions
Change %
Laxmi Niwas Chs Jacob Circle, Jacob Circle
34,636
1
-
Transaction data highlights specific projects attracting buyer attention in Jacob Circle. Laxmi Niwas CHS Jacob Circle stands out with 1 transaction, priced at ₹34,636 per sq ft, demonstrating buyer interest in this particular development.
Top rental projects in Jacob Circle include Planet Godrej, with a current rental rate of ₹247 per sq ft, and Godrej Planet at ₹189 per sq ft. La View Tower also features in this segment, with a rental rate of ₹150 per sq ft, indicating these projects are key rental destinations.
Developer activity in Jacob Circle is led by Godrej, which has seen 2 transactions, followed by Lokhandwala Construction with 2 transactions. Olympia Enterprises has also registered 1 transaction, showcasing a diverse range of developers active in the market.
Government Registrations
Government Registration in Jacob Circle, Mumbai
Jacob Circle has recorded significant property transaction activity, with 49 registrations totaling ₹137 Cr between May 2025 and April 2026. The average registered rate during this period was ₹22,800 per sq ft. Developer Godrej led in transaction volume with 2 deals, indicating strong market engagement.
Sales Transactions49
Gross Sales Value₹ 137 Cr
Registered Rate₹ 22,800/sq.ft
Rental Trends
Rental Trends and Average Rent in Jacob Circle, Mumbai
The rental market in Jacob Circle offers a clear progression in pricing across different unit types. 1 BHK apartments are available for an average of ₹31,667 per month, while 2 BHK units command approximately ₹2.06 Lakh per month. Larger residences, such as 3 BHK apartments, are listed at an average of ₹2.83 Lakh per month, and 4 BHK units represent the premium segment, averaging ₹5.08 Lakh per month.
Rental rates vary across Jacob Circle's surrounding areas. Chinchpokli averages ₹129 per sq ft, while Agripada is at ₹135 per sq ft. Byculla West registers at ₹154 per sq ft, and Byculla averages ₹178 per sq ft, showing a 4.71% increase. Nagpada also averages ₹178 per sq ft. Higher rates are seen in Mahalaxmi Racecourse at ₹293 per sq ft and Mahalaxmi at ₹237 per sq ft, with a 5.33% increase. Lalbaug shows a lower rate of ₹126 per sq ft, down 8.7%.
FAQ
Frequently Asked Questions About Property Rates in Jacob Circle, Mumbai
