One of the poshest places in Mumbai, Juhu is located in the western suburbs. Known for Juhu Beach, it is lined by the Arabian Sea in the west, Versova to the north, Vile Parle to the east and Santacruz to the south. It is one of the most affluent areas in the Mumbai Metropolitan Region with the presence of expensive properties. Juhu is home to most celebrities owing to its proximity to Film City. It falls under the jurisdiction of the Brihanmumbai Municipal Corporation (BMC).
See also: Circle rate in Kurla, Mumbai 2023
What is the circle rate?
The lowest rate commanded by an immovable property is known as the circle rate. Other terms for it are the ready-reckoner rate and guidance value. You can check the circle rate of a location through the annual statement record on the IGR Maharashtra portal. You can get an approximate value of the stamp duty and registration charges for a property purchase.
Factors on which the circle rate depends
- Location
- Infrastructure
- Connectivity
- Market demand
- Property configuration
- Property usage – residential, commercial, industrial
- Amenities
How can you check the circle rate in Juhu?
- You can check the circle rate in Juhu by logging onto the IGR Maharashtra website at https://igrmaharashtra.gov.in/Home.
- Click on e-ASR below the stamps section. Click on the e-ASR 1.9 version.
- Select Mumbai Upnagar on the map. Select Juhu as the village to see the required annual statement of rates.
Juhu circle rates
| Locality | Residential (Rs per sqm) | Office (Rs per sqm) | Shops (Rs per sqm) | Industrial (Rs per sqm) | Open land (Rs per sqm) |
| Juhu | 3,51,300 | 3,86,500 | 5,07,300 | 3,51,300 | 1,82,490 |
Juhu: Location and connectivity
The nearest railway stations to Juhu are Vile Parle and Andheri. One can reach this place by taking the Western Line or the Harbour Line. Juhu is also connected by Mumbai Metro through the nearest stations of D N Nagar and Andheri West.
Celebrities staying in Juhu
Celebrities, including Amitabh Bachchan and family, Katrina Kaif and Vicky Kaushal, Anushka Sharma and Virat Kohli, Akshay Kumar and family, Sunny Deol, Ekta Kapoor, Hrithik Roshan, Hema Malini and Shatrughan Sinha stay in Juhu.
Why should you invest in residential properties at Juhu?
The Theosophical Housing Colony, Juhu Tara Road, Uditi Tarang Housing Colony, Shivkunj and Vallabh Nagar Society are the localities near Juhu. Juhu is a premium neighbourhood with quiet by-lanes.
Residential prices in Juhu
According to Housing.com, the average price for an apartment in Juhu is Rs 47,683, with the price range being Rs 6,800-Rs 1 lakh per sq. ft. The average rent here is Rs 1 lakh, with the price range for rent being Rs 28,000-Rs 5 lakh.
FAQs
What are circle rates?
Designated by the state government, circle rates are the minimum property prices.
How do you find a circle rate in Juhu?
You can check the circle rate in Juhu using the IGR Maharashtra website.
What are the stamp duty and registration charges in Maharashtra?
Stamp duty in Maharashtra is 6% for men and 5% for women. The registration fee is 1% of the transaction value.
Who fixes circle rates?
The state government fixes the circle rates.
Can circle rates be lower than the market rates?
Yes, circle rates can be lower than the market rate.
| Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |
With 16+ years of experience in various sectors, of which more than ten years in real estate, Anuradha Ramamirtham excels in tracking property trends and simplifying housing-related topics such as Rera, housing lottery, etc. Her diverse background includes roles at Times Property, Tech Target India, Indiantelevision.com and ITNation. Anuradha holds a PG Diploma degree in Journalism from KC College and has done BSc (IT) from SIES. In her leisure time, she enjoys singing and travelling.
Email: anuradha.ramamirtham@housing.com
