| Nariman Point | |
| Settlement Type: | Urban |
| Pushpin Map: |
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| Pushpin Map Caption: | Nariman point in Mumbai |
| Subdivision Type: | Country |
| Subdivision Name: | India |
| Subdivision Type1: | State |
| Subdivision Type2: | District |
| Subdivision Type3: | City |
| Subdivision Name1: | Maharashtra |
| Subdivision Name2: | Mumbai City |
| Subdivision Name3: | Mumbai |
| Founder: | Khurshed Nariman |
| Named For: | Khurshed Nariman |
| Government Type: | Municipal Corporation |
| Governing Body: | Brihanmumbai Municipal Corporation (BMC) |
| Unit Pref: | Metric |
| Population Density Km2: | auto |
| Demographics Type1: | Languages |
| Demographics1 Title1: | Official |
| Timezone1: | IST |
| Utc Offset1: | +5:30 |
| Postal Code Type: | PIN |
| Postal Code: | 400021[1] |
| Area Code: | 022 |
| Registration Plate: | MH 01 |
| Blank1 Name Sec1: | Civic agency |
| Blank1 Info Sec1: | BMC |
| Demographics1 Info1: | Marathi |
Nariman Point is a prominent downtown area of Mumbai in Maharashtra, India. Located on the southern tip of the Mumbai peninsula, at the end of the Mumbai's Marine Drive, Nariman Point houses some of India's prestigious business headquarters. Because of this, it is seen as the business district of Mumbai.
It is bordered by Churchgate in North, Arabian Sea on West and South, by Colaba on East side. It is one of the tourist attractions of Mumbai due to its skyline, Arabian sea view, Marine drive and lots of luxury 5 star hotels, restaurants.
Notable Headquarters and Offices
For many years, Air India operated from the Air India Building, one of the district's most recognizable landmarks, symbolizing the prominence of the national airline. Renewable energy companies, including Ind Renewable Energy Ltd and Vakharia Power Infrastructure Ltd, are headquartered in Regent Chambers, a prominent commercial building at 208 Nariman Point, housing various energy and infrastructure firms.[2]
In 2006, prior to the 2008 financial crisis, Nariman point was the seventh most expensive location in the world for office space.[3] However, by December 2012 Nariman Point had fallen to 25th place while Delhi's Connaught Place remained the fifth most expensive location despite many offices moving to Gurgaon and Noida. During the same period, Nariman Point also dropped from seventh to fifteenth most expensive location for office rentals.[4] The reasons for the decline were the high prices, lower quality and age of construction, and increasing distances from residential hubs which have now moved northwards and to the suburbs. In the first three quarters of 2012, Nariman Point had a vacancy rate of almost 25%, compared with 18% in the rest of the Mumbai city.[5]
In 1993, the 1993 Bombay bombings took place. Bombs were destroyed at Nariman Point and nearby places. There were also bombs in other parts of the city.[6]
On the evening of 26 November 2008, Pakistani-trained Lashkar-e-Taiba terrorists attacked the luxury hotels Trident and Oberoi, which are located in this area. They used AK-47 assault rifles and Hand Grenades in their attack, which was part of the larger Mumbai terrorist attack. 166 people were killed, 238 injured to various degrees, and the Taj Hotel was besieged for 3 days. The Mumbai police apprehended one of the terrorists, Ajmal Kasab. The rest were eliminated in various operations by India's security forces.[7]
