Mohammed Building

Jacob Circle is a historic residential and commercial locality situated in South Mumbai, bordering Mahalaxmi, Byculla, and Chinchpokli. The pin code of Jacob Circle is 400011. This high-density neighbourhood features traditional chawls and modern high-rises. Diverse middle-class families live near the famous Saat Rasta junction. Residents frequently send their children to Byculla Municipal School and seek medical care at Kasturba Hospital. Mahalaxmi Metro Station on the Aqua Line 3 is the nearest metro station, located just 1.2 km away. Key arterial routes like Keshavrao Khadye Marg link the area to Mumbai Central Railway Station within a ten-minute drive. In 2026, average property rates range from Rs. 32,000 to Rs. 45,000 per sq ft. Multi-storey apartments dominate the market due to central location demand.

What's Good in Jacob Circle

• Mahalaxmi Metro Station on the Aqua Line provides fast transit options for daily travelers.
• Kasturba Hospital on Sane Guruji Marg offers specialized medical care near the junction.
• Arthur Road Gujarati School provides accessible primary education to local children in the neighbourhood.
• Sane Guruji Marg links residents directly to the commercial hubs of Lower Parel.
• The nearby Mahalaxmi Racecourse offers a large open green space for morning walks.

As of August 22, 2026, the property rate in Jacob Circle ranges between Rs. 32,000 to Rs. 45,000 per square foot for apartments.

Why Should One Buy Property in Jacob Circle mumbai

• The upcoming Mahalaxmi Railway Over-Bridge will boost local property values significantly.
• High rental demand from professionals in Peninsula Business Park ensures steady yields.
• Lower entry prices compared to neighbouring Mahalaxmi attract value-seeking residential buyers.
• Proximity to Mahalaxmi Metro Station on Aqua Line 3 promises long-term capital appreciation.
• Redevelopment of older structures along Sane Guruji Marg offers modern housing options.

As of August 22, 2026, the rental cost in Jacob Circle is between Rs. 30,000 and Rs. 95,000 monthly for 1 to 3 BHK apartments.

Why Should One Rent a House in Jacob Circle mumbai

• Tenants enjoy quick travel times to offices in Kamala Mills Compound.
• Affordable rental options exist compared to premium high-rises in Lower Parel.
• Families get immediate access to quality healthcare at nearby Nair Hospital.
• Easy daily shopping is available at the nearby Byculla Local Market.
• Close proximity to Mahalaxmi Metro Station simplifies daily travel across Mumbai.

Property values in this central pocket experienced a slight correction. Values depreciated by 7.1% over the past year. Buyers can expect average apartment prices to range from Rs. 32,000 to Rs. 45,000 per sq ft. Conversely, the rental market surged. Rates appreciated by 40% due to high demand from working professionals. Monthly rentals in the locality now range between Rs. 30,000 and Rs. 95,000 depending on the configuration. This divergence highlights the strong rental yield potential of the area despite temporary capital value corrections. (* As of August 22, 2026)

Here are some of the important landmarks holding historical and cultural importance:

• Mahalaxmi Dhobi Ghat: This historic open-air laundry offers a fascinating glimpse into Mumbai's traditional washing system. Visitors can observe the massive scale of operations from the nearby flyover.
• Saat Rasta Fountain: This heritage structure stands at the center of the famous seven-road junction. It serves as a visual reminder of the colonial-era urban planning of South Mumbai.
• Mahalaxmi Racecourse: This vast green space hosts horse racing events and offers walking tracks for fitness enthusiasts. Locals visit on weekends for horse riding sessions and open-air exhibitions.
• High Street Phoenix: This premier shopping destination features global retail brands, a multi-screen cinema, and diverse dining options. It is a popular weekend spot for entertainment and leisure.
• Dr. Bhau Daji Lad Museum: Located nearby in Byculla, this is Mumbai's oldest museum showcasing decorative arts and clay models. Visitors can explore the rich industrial and cultural history of the city.

Saat Rasta Fountain is a prominent landmark in Jacob Circle. Some more include:

• Kasturba Hospital
• Arthur Road Jail
• Mahalaxmi Metro Station
• Nair Hospital
• Byculla Municipal School
• Sane Guruji Marg

Road Connectivity

Jacob Circle is well-connected through Keshavrao Khadye Marg and the following roads:

• Sane Guruji Marg
• Arthur Road
• NM Joshi Marg
• Dr. Anandrao Nair Marg

Public Transport

Mahalaxmi Metro Station on the Aqua Line 3 is the closest public transit option, located 1.2 km away. Some more include:

• Chinchpokli Railway Station, Central Line, 1.5 km
• Mumbai Central Railway Station, Western Line, 1.8 km
• Jacob Circle Bus Station
• Saat Rasta Bus Stop
• Kasturba Hospital Bus Stop

Proximity to Airport and Railway Station

The nearest railway station and airport are Chinchpokli Railway Station, which is located 1.5 km away, and others:

• Mumbai Central Railway Station, 1.8 km
• Chhatrapati Shivaji Maharaj International Airport, 16.5 km
• Mahalaxmi Railway Station, 1.2 km