Overview of Jacob Circle, Mumbai

Location and Connectivity

Jacob Circle, also referred to as Saat Rasta, sits centrally in the Mahalaxmi district of South Mumbai. It boasts exceptional connectivity, with easy access to key places and transit points like Mahlaxmi railway station.

Mixed Use Development

The area features a mix of residential buildings, commercial shops, and industrial venues, making it lively and attractive. This diverse combination turns Jacob Circle appealing for both people who live here and the businesses attracted.

Property Prices and Trends

• Average Price per Square Foot: Properties in Jacob Circle commonly fetch around Rs. 34,335 per sq ft.
• Price Range: Houses here might cost anywhere from Rs. 22,222 per sq ft to Rs. 52,760 per sq ft.
• Year-over-Year Trend: There's been a 18.93% drop in property costs over the past year, hinting at a buying chance.

Rental Options

• Unit Types: Rental choices feature furnished, semi-furnished, and unfurnished flats, like 1 BHK apartments.
• Rent Ranges: Monthly rent usually falls between ₹20,000 to ₹23,000, varying with layout and features.
• Amenities and Facilities: Most rented places offer perks, including nearby schools, hospitals, and other city utilities.

Amenities and Facilities

• Educational Institutions: Nearby are schools like St. Ignatius High School.
• Healthcare: Kasturba Hospital for Infectious Diseases is within reach.
• Community: Filled with natural greenery, this area has numerous amenities, providing a pleasant living environment.

Popular Projects and Developers

• Notable Projects: Signature structures like Prestige Jasdan Classic, Olympia Tower, and La View Tower dominate the scene.
• Developers: Leading developers such as Prestige Group, Olympia Enterprises, and Lokhandwala Group are prominently active here.

PropertyWala's Conclusion

Taking it all in, Jacob Circle, Mumbai, is a top choice for both buyers and renters, thanks to its central location, varied building use, and wide property range. Even with reduced property prices, the area's top connectivity, energetic community, and available amenities are major draws for those eager to invest or live within Mumbai’s most lively areas. Nonetheless, keeping track of price trends and market conditions is key for making a well-informed choice. So, stay updated and take advantage of any opportunity as it arises!