Nariman Point is a
prominent downtown area of
Mumbai
Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...
in
Maharashtra
Maharashtra (; , abbr. MH or Maha) is a states and union territories of India, state in the western India, western peninsular region of India occupying a substantial portion of the Deccan Plateau. Maharashtra is the List of states and union te ...
, India. Located on the southern tip of the Mumbai peninsula, at the end of the Mumbai's
Marine Drive Marine Drive may refer to:
Roads Bangladesh
* Cox Bazar-Tekhnaf Marine Drive, world's longest marine drive road.
Canada
*Marine Drive (Nova Scotia), a scenic route in Nova Scotia
*Marine Drive (Greater Vancouver), a number of roadways in Metropo ...
, Nariman Point houses some of India's prestigious business headquarters.
It is boarded by
Churchgate
Churchgate (Marathi pronunciation: ͡ʃəɾt͡ʃɡeːʈ is an area in South Mumbai. During the eighteenth and up to the mid-19th century, Mumbai was a walled city. The city walls had three gates, and Churchgate, named after St. Thomas Cathe ...
in North,
Arabian Sea
The Arabian Sea ( ar, اَلْبَحرْ ٱلْعَرَبِيُّ, Al-Bahr al-ˁArabī) is a region of the northern Indian Ocean bounded on the north by Pakistan, Iran and the Gulf of Oman, on the west by the Gulf of Aden, Guardafui Channel ...
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.
History
Prior to 1940, the area was part of the Arabian sea. A popular leader of the
Congress
A congress is a formal meeting of the representatives of different countries, constituent states, organizations, trade unions, political parties, or other groups. The term originated in Late Middle English to denote an encounter (meeting of ...
,
Khurshed Nariman
Khurshed Framji Nariman (1883 – 1948), also known as Veer Nariman, was one of the second generation of Parsi stalwarts in the Indian National Congress. He remained Mayor of Bombay from 1935 for a year.
Life
After studying B.A. and L.L.B., he st ...
(affectionately called ''Veer'' Nariman), a
Bombay Municipal Corporation
The Brihanmumbai Municipal Corporation (BMC; IAST: ), also known as the Municipal Corporation of Greater Mumbai (MCGM), is the governing civic body of Mumbai, the capital city of Maharashtra. It is India's richest municipal corporation. The BMC ...
corporator, proposed the
land reclamation
Land reclamation, usually known as reclamation, and also known as land fill (not to be confused with a waste landfill), is the process of creating new land from oceans, seas, riverbeds or lake beds. The land reclaimed is known as reclamati ...
of the area of sea near
Churchgate
Churchgate (Marathi pronunciation: ͡ʃəɾt͡ʃɡeːʈ is an area in South Mumbai. During the eighteenth and up to the mid-19th century, Mumbai was a walled city. The city walls had three gates, and Churchgate, named after St. Thomas Cathe ...
. To accomplish this task, the shallow seafront was filled with debris from various parts of the city. Reinforced concrete cement was also used, the steel for which had to be purchased on the black market at higher prices due to
World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposin ...
.The entire cost was estimated to be (equivalent to about in ). Additional reclamations were carried out in the 1970s. A construction boom in that decade also led to the development of commercial high-rises in the area.
In 2006, prior to the
financial crisis of 2007–08
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...
, Nariman point was the seventh most expensive location in the world for office space.
[.] 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
Gurgaon (pronunciation: ʊɽɡãːw, officially named Gurugram (pronunciation: ʊɾʊɡɾaːm, is a city located in the northern Indian state of Haryana. It is situated near the Delhi–Haryana border, about southwest of the nationa ...
and
Noida
Noida, short for New Okhla Industrial Development Authority, is a planned city located in Gautam Buddha Nagar district of the Indian state of Uttar Pradesh. Noida is a satellite city of Delhi and is a part of the National Capital Region (NCR) o ...
.
During the same period, Nariman Point also dropped from seventh to fifteenth most expensive location for office rentals.
[.] 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.
[.]
2008 terrorist attacks
On 26 November 2008's evening Pakistan trained
Lashkar-e-Taiba
Lashkar-e-Taiba (LeT; ur, ; literally ''Army of the Good'', translated as ''Army of the Righteous'', or ''Army of the Pure'' and alternatively spelled as ''Lashkar-e-Tayyiba'', ''Lashkar-e-Toiba'', ''Lashkar-i-Taiba'', ''Lashkar-i-Tayyeba'') ...
Islamic terrorist
Islamic terrorism (also known as Islamist terrorism or radical Islamic terrorism) refers to terrorist acts with religious motivations carried out by fundamentalist militant Islamists and Islamic extremists.
Incidents and fatalities ...
attacked Trident hotel and Oberoi hotel in this area. Both are the luxury hotels. The terrorist shot people with
AK-47
The AK-47, officially known as the ''Avtomat Kalashnikova'' (; also known as the Kalashnikov or just AK), is a gas operated, gas-operated assault rifle that is chambered for the 7.62×39mm cartridge. Developed in the Soviet Union by Russian s ...
, thrown
Grenades
A grenade is an explosive weapon typically thrown by hand (also called hand grenade), but can also refer to a shell (explosive projectile) shot from the muzzle of a rifle (as a rifle grenade) or a grenade launcher. A modern hand grenade gene ...
, the attack was part of larger
Mumbai terrorist attack. In it terrorist killed 166 people and injured 238, and held the
Taj Hotel on siege for 3 days. Mumbai police shot down one terrorist and apprehended
Ajmal Kasab
Mohammed Ajmal Amir Kasab (13 July 1987 – 21 November 2012) was a Pakistani terrorist and a member of the Lashkar-e-Taiba Islamist fighter organization, through which he took part in the 2008 Mumbai terrorist attacks in Maharashtr ...
. National Security Guards killed 8 terrorist and ended the terror.
Economy
Air India
Air India is the flag carrier airline of India, headquartered at New Delhi. It is owned by Talace Private Limited, a Special-Purpose Vehicle (SPV) of Tata Sons, after Air India Limited's former owner, the Government of India, completed the ...
had its headquarters in the
Air India Building
The Air India Building is a 23-storey commercial tower in Mumbai, India. The building served as the corporate headquarters for the Indian national airline, Air India, up to 2013. There are at least of space on each floor of the building. In Febr ...
for many years.
Renewable Energy and Power companies Ind Renewable Enercy Ltd and Vakharia Power Infrastructure Ltd are headquartered at Regent Chambers, 208 Nariman Point, Mumbai.
At one time
All Nippon Airways
, also known as ANA (''Ē-enu-ē'') or is an airline in Japan. Its headquarters are located in Shiodome City Center in the Shiodome area of Minato ward of Tokyo. It operates services to both domestic and international destinations and had m ...
maintained its Mumbai sales office in the
Oberoi Trident Towers in Nariman Point.
[ANA Directory]
"
Archive
. All Nippon Airways
, also known as ANA (''Ē-enu-ē'') or is an airline in Japan. Its headquarters are located in Shiodome City Center in the Shiodome area of Minato ward of Tokyo. It operates services to both domestic and international destinations and had m ...
. 1998. Retrieved on 9 July 2016. "Mumbai (Bombay) Room 2318 2320 The Oberoi Trident Towers Nariman Point Mumbai-400 021, India"
Gallery
File:Cuff Parade 4m Nariman Point - panoramio (5).jpg, A view of Nariman Point in day light
File:Nariman Point, Mumbai, Maharashtra 400021, India - panoramio (18).jpg, View of Nariman Point in the evening
References
External links
{{Mumbai metropolitan area
Economy of Mumbai
Neighbourhoods in Mumbai
High-technology business districts in India
Central business districts in India