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Nariman Point

Urban in Maharashtra, India From Wikipedia, the free encyclopedia

Nariman Point
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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.

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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.

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History

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In 2006, prior to the 2008 financial crisis, Nariman point was the seventh most expensive location in the world for office space.[2] 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.[2] During the same period, Nariman Point also dropped from seventh to fifteenth most expensive location for office rentals.[3] 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.[3] 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.[4]

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From left to right, Air India building, Trident hotel, Oberoi hotel and Marine drive road in the Nariman Point
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Nariman point buildings at night

Terrorist attacks

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. [5]

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.[6]

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Economy

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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.[7]

Tallest Buildings 100m+

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High Rise Buildings

  • 33 Jamnalal Bajaj Marg (Atlanta)
  • 229 Ramnath Goenka Marg (Bakhtawar)
  • 316 Free Press Journal Marg (Dalamal Towers)
  • 211 NCPA Marg (Earnest House)
  • 215 Free Press Journal Marg (Free Press House)
  • 193 Vinay K Shah Marg (Hoechst House)
  • 225 Vinay K Shah Marg (Jolly Maker Chambers)
  • 84 Jamnalal Bajaj Marg (Maker Chambers 3)
  • 126 Jamnalal Bajaj Marg (Maker Chambers 4)
  • 142 Jamnalal Bajaj Marg (Maker Chambers 5)
  • 222 Jamnalal Bajaj Marg (Maker Chambers 6)
  • 224 Barrister Rajni Patel Marg (Mittal Court)
  • 210 Free Press Journal Marg (Mittal Towers)
  • 227 Vinay K Shah Marg (Nariman Bhavan)
  • 241 Barrister Rajni Patel Marg (Nirmal)
  • 213 Free Press Journal Marg (Raheja Chambers)
  • 230 Ramnath Goenka Marg (Sakhar Bhavan)
  • 245 Madam Cama Road (Shipping Corporation of India)
  • 247 Free Press Journal Road (State Admin Building)
  • 154 Madam Cama Road (State Bank of India)
  • 239 Vidhan Bhavan Marg (Union Bank of India)
  • 240 Vidhan Bhavan Marg (Vidhan Bhavan)

Low Rise Buildings

  • 209 NCPA Marg (Arcadia)
  • 226 Barrister Rajni Patel Marg (Bajaj Bhavan)
  • 206 Jamnalal Bajaj Road (Dalamal House)
  • 311 Jamnalal Bajaj Road (Embassy Centre)
  • 238 Vidhan Bhavan Marg (Marfatlal Centre)
  • 228 Barrister Rajni Patel Marg (Mittal Chambers)
  • 214 Free Press Journal Marg (Raheja Centre)
  • 208 Jamnalal Bajaj Marg (Regent Chambers)
  • 7 Free Press Journal Marg (Tulsiani Chambers)
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References

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