Nariman Point
{{Use dmy dates|date=January 2019}}
{{Use Indian English|date=January 2019}}
{{Infobox settlement
| name = Nariman Point
| settlement_type = Urban
| image_skyline = Mumbai skyline.jpg
| image_alt =
| image_caption = Air India Building, Trident hotel and Oberoi hotel (L-R) on Marine Drive in Nariman point
| nickname =
| map_alt =
| map_caption = Location of Nariman Point in Mumbai
| pushpin_map = #Mumbai #Maharashtra
| pushpin_label_position =
| pushpin_map_alt =
| pushpin_map_caption = Nariman point in Mumbai
| coordinates = {{coord|18.926|N|72.823|E|display=inline,title}}
| 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
| established_title =
| established_date =
| founder = Khurshed Nariman
| named_for = Khurshed Nariman
| government_type = Municipal Corporation
| governing_body = Brihanmumbai Municipal Corporation (BMC)
| unit_pref = Metric
| area_footnotes =
| area_total_km2 =
| area_rank =
| elevation_footnotes =
| elevation_m =
| population_total =
| population_as_of =
| population_footnotes =
| population_density_km2 = auto
| population_rank =
| population_demonym =
| demographics_type1 = Languages
| demographics1_title1 = Official
| timezone1 = IST
| utc_offset1 = +5:30
| postal_code_type = PIN
| postal_code = 400021{{cite web|url=https://indiapincodes.net/Maharashtra/Mumbai/Nariman-point/|title=Pin code : Nariman Point, Mumbai
|access-date=9 February 2015|publisher=indiapincodes.net}}
| area_code = 022
| area_code_type =
| registration_plate = MH 01
| blank1_name_sec1 = Civic agency
| blank1_info_sec1 = BMC
| website =
| footnotes =
| 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.
History
In 2006, prior to the 2008 financial crisis, Nariman point was the seventh most expensive location in the world for office space.{{citation|last=Chadha|first=Sunainaa|title=The slow but steady death of Nariman Point|date=21 December 2012|url=http://www.firstpost.com/business/economy/the-slow-but-steady-death-of-nariman-point-562877.html|periodical=First Post}}. 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.{{citation|title=Nariman Point drops 7 places to 15th spot in global office rentals|date=22 February 2012|url=http://articles.timesofindia.indiatimes.com/2012-02-22/mumbai/31086386_1_expensive-office-location-mumbai-s-cbd-rentals|archive-url=https://web.archive.org/web/20131212081422/http://articles.timesofindia.indiatimes.com/2012-02-22/mumbai/31086386_1_expensive-office-location-mumbai-s-cbd-rentals|url-status=dead|work=The Times of India|archive-date=12 December 2013}}. 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.{{citation|author={{null|}}|title=Why Nariman Point is running on empty|date=17 December 2012|url=http://www.mumbaimirror.com/articleshow/17863545.cms?pageno=2|periodical=Mumbai Mirror (Online Edition)}}.
File:Marine Drive, Mumbai (2007).jpg, Trident hotel, Oberoi hotel and Marine drive road in the Nariman Point]]
File:The Oberoi Hotel in Mumbai 2015.JPG
=== 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. {{cite news | url=http://news.bbc.co.uk/onthisday/hi/dates/stories/march/12/newsid_4272000/4272943.stm | title=1993: Bombay hit by devastating bombs | date=12 March 1993 }}
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.{{Cite web |title=26/11 : The day terror hit us. |date=26 November 2021 |url=https://www.hindustantimes.com/cities/mumbai-news/2611-the-day-terror-hit-us-101637865751628.html}}
Economy
{{expand section|date=July 2016}}
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.{{Cite news |title=Ind Renewable Enercy Ltd & Vakharia Power Infrastructure Ltd, Regent Chambers, Nariman Point, Mumbai |url=https://www.bloomberg.com/profiles/people/16396588-jitendra-k-vakharia |work=Bloomberg}}
Gallery
File:Cuff Parade 4m Nariman Point - panoramio (5).jpg|A view of Nariman Point and Colaba in day light
File:Nariman Point, Mumbai, Maharashtra 400021, India - panoramio (18).jpg|View of Nariman Point in the evening
File:Colaba & Cuffe Parade.jpg|View of Colaba and Cuffe Parade from Nariman Point
References
{{reflist}}
External links
{{Mumbai topics}}
{{Tourist attractions in Mumbai}}
{{Mumbai metropolitan area}}
Category:Neighbourhoods in Mumbai