Property rates in Jacob Circle average ₹44,050 per sq ft, reflecting a period of price adjustment. The local market maintains a diverse portfolio of residential options, with premium projects like Godrej Planet and DB Views commanding rates above ₹51,000 per sq ft. Meanwhile, the rental market remains active, with average rates reaching ₹204 per sq ft, supported by a healthy mix of apartment configurations ranging from 1 BHK to 4 BHK units.
Insights for Jacob Circle, Mumbai Real Estate Market Overview
The Jacob Circle real estate market presents a sophisticated landscape characterized by high-value residential projects and a steady rental demand. While overall capital values have seen varied quarterly adjustments, the market continues to attract interest through a mix of ready-to-move and new launch developments. Rental yields are supported by consistent demand for premium apartments, with monthly rents for larger units significantly outpacing smaller configurations. Government registration data confirms ongoing transaction activity, underscoring the area's continued appeal to investors and homebuyers alike.
New launch projects have seen a notable price surge of 32.76%, currently averaging ₹45,600 per sq ft.
Rental rates for 4 BHK apartments reach an average of ₹5.08 Lakh per month.
The area shows a strong premium segment, with top projects like Godrej Planet and DB Views priced consistently above ₹51,000 per sq ft.
Lower Parel shows a positive price growth of 5.89%, positioning it as a strong performer among neighboring areas.
Ready-to-move projects provide a stable inventory base with 21 active units currently available.
Market Strengths
Average rental rates in Jacob Circle are strong at ₹204 per sq ft.
New launch projects are performing well with a 32.76% increase in value.
The market maintains a healthy inventory of 21 ready-to-move units.
Mazgaon shows positive price growth of 3.07%.
Rental yields remain attractive for multi-bedroom configurations.
Market Challenges
Nagpada has experienced a significant price correction of -11.81% over the last quarter.
Upper Worli property rates have seen a decline of -16.46%.
Rental rates in the Mahalaxmi Racecourse area have decreased by -24.23% YoY.
Byculla East property values have seen a downward trend of -7.84%.
Investment Opportunities
New launch projects demonstrate high growth potential with a 32.76% price increase.
Rental demand for 4 BHK units remains strong, with average monthly rents at ₹5.08 Lakh.
Lower Parel presents an investment opportunity with a 5.89% YoY price growth.
The rental market in Agripada has seen a significant YoY increase of 29.63%.
Price Trend
Jacob Circle, Mumbai Property Price Trends and Appreciation
Real estate values in the vicinity of Jacob Circle vary significantly across neighboring pockets. Mahalaxmi commands a premium at ₹60,600 per sq ft, while nearby Upper Worli hovers at ₹61,100 per sq ft. In contrast, locations such as Nagpada and Byculla East offer more accessible entry points, with rates averaging ₹35,100 and ₹35,250 per sq ft, respectively. These price variances allow investors to choose between high-end luxury hubs and value-oriented residential pockets.
The Jacob Circle residential market is dominated by apartment-style living, which currently averages ₹44,050 per sq ft. This category remains the primary focus for both end-users and investors seeking premium housing in South Mumbai. Prices within this segment have seen a -7.05% adjustment, reflecting current market consolidation phases.
Jacob Circle provides a tiered supply of residential inventory tailored to different possession timelines. Ready-to-move projects, which account for 21 units, are priced at an average of ₹36,300 per sq ft, while the limited under-construction supply is available at ₹33,600 per sq ft. For those seeking the latest in architecture, new launch projects command a premium at ₹45,600 per sq ft, showing a robust growth of 32.76%.
Project & Developer Insights
Top Residential Projects and Developers in Jacob Circle
Top Projectsin Jacob Circle
Godrej Trilogy is the top project in Jacob Circle with prices from ₹ 18.89 Cr to 29.96 Cr.
Godrej Trilogy
₹ 18.88 Cr - ₹ 29.95 Cr
Mumbai South, Mumbai
LnT Island Cove
₹ 3.40 Cr - ₹ 6.34 Cr
Mumbai South, Mumbai
JP Codename Matunga Origins
₹ 2.93 Cr - ₹ 4.23 Cr
Mumbai South, Mumbai
Piramal Mahalaxmi
₹ 5.45 Cr - ₹ 14.03 Cr
Mumbai South, Mumbai
Runwal Timeless
₹ 1.59 Cr - ₹ 3.5 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
₹ 30.69 Cr - ₹ 59.84 Cr
Mumbai South, Mumbai
Godrej Carmichael
₹ 87.92 Cr - ₹ 87.92 Cr
Mumbai South, Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Developersin Mumbai
Godrej leads in Mumbai with 43 projects and 29 years of experience.
Premium residential developments in Jacob Circle set the benchmark for luxury living in South Mumbai. Godrej Planet leads the segment at ₹51,600 per sq ft, followed closely by DB Views at ₹51,300 per sq ft. Other notable projects like Laxmipooja Apartments and Planet Godrej continue to hold significant value, with rates of ₹49,850 and ₹47,900 per sq ft, respectively, catering to a discerning buyer demographic.
Top projects in the area command premium rents, led by Planet Godrej at ₹247 per sq ft. Godrej Planet follows with a current rental rate of ₹189 per sq ft, while La View Tower provides rental options at ₹150 per sq ft, catering to a stable tenant base.
Government Registrations
Government Registration in Jacob Circle, Mumbai
Official government registration data for the recent period indicates 13 transactions in Jacob Circle, with a combined gross value of ₹19 Cr. These registrations were recorded at an average rate of ₹22,800 per sq ft, reflecting steady interest in the local property market.
Sales Transactions13
Gross Sales Value₹ 19 Cr
Registered Rate₹ 22,800/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Jacob Circle, Mumbai
Rental rates in Jacob Circle scale significantly with unit size. A 1 BHK apartment averages ₹31,650 per month, while 2 BHK and 3 BHK units command ₹2.29 Lakh and ₹3 Lakh per month, respectively. For those requiring expansive living spaces, 4 BHK apartments reach an average of ₹5.08 Lakh per month. Rental performance across the region shows diverse trends. Agripada has seen a sharp 29.63% YoY increase in rental rates, while Nagpada also shows strong growth at 19.1%. Conversely, the Mahalaxmi Racecourse area has experienced a rental correction of -24.23%, highlighting the localized nature of rental demand. The apartment rental market in Jacob Circle remains a consistent performer. With an average rental rate of ₹200 per sq ft, the sector has seen a positive YoY change of 4.9%, indicating stable demand for residential leasing. Top projects in the area command premium rents, led by Planet Godrej at ₹247 per sq ft. Godrej Planet follows with a current rental rate of ₹189 per sq ft, while La View Tower provides rental options at ₹150 per sq ft, catering to a stable tenant base.
Rental rates in Jacob Circle scale significantly with unit size. A 1 BHK apartment averages ₹31,650 per month, while 2 BHK and 3 BHK units command ₹2.29 Lakh and ₹3 Lakh per month, respectively. For those requiring expansive living spaces, 4 BHK apartments reach an average of ₹5.08 Lakh per month.
Rental performance across the region shows diverse trends. Agripada has seen a sharp 29.63% YoY increase in rental rates, while Nagpada also shows strong growth at 19.1%. Conversely, the Mahalaxmi Racecourse area has experienced a rental correction of -24.23%, highlighting the localized nature of rental demand.
The apartment rental market in Jacob Circle remains a consistent performer. With an average rental rate of ₹200 per sq ft, the sector has seen a positive YoY change of 4.9%, indicating stable demand for residential leasing.
Frequently Asked Questions About Property Rates in Jacob Circle, Mumbai
What is the current average asking price in Jacob Circle as of June 2026?
As of June 2026, the average asking price for apartments in Jacob Circle stands at ₹44,050 per sq ft. This rate has experienced a depreciation of 7.05% compared to the previous period, reflecting a market adjustment in the area's residential segment.
How have property price trends in Jacob Circle moved recently?
Property price trends in the Jacob Circle micromarket have shown a downward trajectory in recent quarters. The micromarket rate was ₹46,350 per sq ft in March 2026 and remained stable through December 2025, before declining to ₹41,150 per sq ft by June 2026. This trend suggests a softening in seller expectations or a change in the composition of available inventory over the last three months.
How does the average asking price in Jacob Circle compare to the Government Registration Rate?
The average asking price in Jacob Circle is currently ₹44,050 per sq ft, while the Government Registration Rate is recorded at ₹22,800 per sq ft for the period between September 2025 and August 2026. This variance highlights the difference between market-driven listing prices and the value used for official government documentation, which is an important consideration for buyers when calculating total acquisition costs including stamp duty.
How do property prices vary by project status in Jacob Circle?
Property prices in Jacob Circle vary significantly based on project status as of June 2026. Ready To Move projects are priced at ₹36,300 per sq ft, reflecting a 2.36% depreciation from the prior period. Under Construction projects are currently listed at ₹33,600 per sq ft, showing a slight depreciation of 0.35%. Conversely, New Launch projects command a premium at ₹45,600 per sq ft, having seen a significant appreciation of 32.76%.
What is the average rental rate in Jacob Circle and how has it changed?
The average rental rate in Jacob Circle is ₹204 per sq ft as of June 2026. This rate has remained stable with a 0% change compared to the previous period, indicating a consistent rental market environment for tenants and landlords in this locality.
What are the typical monthly rental rates for different BHK configurations in Jacob Circle?
Rental rates in Jacob Circle vary by unit size, catering to a range of tenant profiles. As of June 2026, a 1 BHK apartment rents for approximately ₹31,650 per month, while 2 BHK units average ₹2.29 Lakh per month. Larger configurations like 3 BHK and 4 BHK apartments command higher monthly rents of ₹3 Lakh and ₹5.08 Lakh, respectively.
Which projects in Jacob Circle command the highest rental rates?
As of June 2026, the top projects by rental rates in Jacob Circle include Planet Godrej, which leads with a current rental rate of ₹247 per sq ft, followed by Godrej Planet at ₹189 per sq ft, and La View Tower at ₹150 per sq ft. These rates have remained stable with 0% change, reflecting the premium positioning of these specific developments within the local rental market.
How do rental rates in Jacob Circle compare to nearby areas?
Rental rates across the vicinity of Jacob Circle show notable variation as of June 2026. Arthur Rd and Agripada both command ₹200 per sq ft, with Agripada seeing a significant appreciation of 29.63%. In contrast, Chinchpokli offers more competitive rates at ₹100 per sq ft, having depreciated by 4.65%, while areas like Byculla and Lalbaug are positioned at ₹150 per sq ft.
Which are the most expensive residential projects in Jacob Circle by listing rate?
As of June 2026, the most premium projects in Jacob Circle by listing rate include Godrej Planet at ₹51,600 per sq ft (depreciated by 2.51%) and DB Views at ₹51,300 per sq ft (depreciated by 0.53%). Laxmipooja Apartments is also prominent with a listing rate of ₹49,850 per sq ft, having seen a strong appreciation of 20.39% compared to the previous period.
How should investors interpret the price difference between Ready To Move and Under Construction properties in Jacob Circle?
Investors looking at Jacob Circle as of June 2026 should note that Ready To Move properties are priced at ₹36,300 per sq ft, while Under Construction units are available at ₹33,600 per sq ft. This price gap often reflects the premium paid for immediate occupancy and the lower risk profile of completed projects, whereas Under Construction properties may offer potential for capital appreciation as the project nears completion, provided the developer's track record is verified.
