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Nariman Point
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{{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, Nariman Point | Trident hotel]] and [[Oberoi hotel]] (L-R) on [[Marine Drive, Mumbai|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 = [[States and territories of India|State]] | subdivision_type2 = [[Districts of India|District]] | subdivision_type3 = City | subdivision_name1 = [[Maharashtra]] | subdivision_name2 = [[Mumbai City district|Mumbai City]] | subdivision_name3 = [[Mumbai]] | established_title = <!-- Established --> | 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 = [[Indian Standard Time|IST]] | utc_offset1 = +5:30 | postal_code_type = [[Postal Index Number|PIN]] | postal_code = 400021<ref name="pcode">{{cite web|url=https://indiapincodes.net/Maharashtra/Mumbai/Nariman-point/|title=Pin code : Nariman Point, Mumbai |access-date=9 February 2015|publisher=indiapincodes.net}}</ref> | area_code = 022 | area_code_type = | registration_plate = MH 01 | blank1_name_sec1 = Civic agency | blank1_info_sec1 = [[Brihanmumbai Municipal Corporation|BMC]] | website = | footnotes = | demographics1_info1 = [[Marathi language|Marathi]] }} '''Nariman Point''' is a [[Central business district|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, Mumbai|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.<ref name="Chadha">{{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}}.</ref> However, by December 2012 Nariman Point had fallen to 25th place while Delhi's [[Connaught Place, New Delhi|Connaught Place]] remained the fifth most expensive location despite many offices moving to [[Gurgaon]] and [[Noida]].<ref name="Chadha" /> During the same period, Nariman Point also dropped from seventh to fifteenth most expensive location for office rentals.<ref name="TNN">{{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}}.</ref> 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.<ref name="TNN" /> 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.<ref name="MM">{{citation|author={{null|<!--not given-->}}|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)}}.</ref> [[File:Marine Drive, Mumbai (2007).jpg|thumb|256px|From left to right, [[Air India Building|Air India building]], [[Trident Hotel, Nariman Point|Trident hotel]], [[Oberoi hotel]] and [[Marine Drive, Mumbai|Marine drive]] road in the Nariman Point]] [[File:The Oberoi Hotel in Mumbai 2015.JPG|thumb|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. <ref>{{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 }}</ref> On the evening of 26 November 2008, Pakistani-trained [[Lashkar-e-Taiba]] [[terrorism|terrorists]] attacked the luxury hotels Trident and Oberoi, which are located in this area. They used [[AK-47]] assault rifles and [[Grenade|Hand Grenades]] in their attack, which was part of the larger [[2008 Mumbai attacks|Mumbai terrorist attack]]. 166 people were killed, 238 injured to various degrees, and the [[Taj Mahal Palace Hotel|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.<ref>{{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}}</ref> ==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 '''[[Indian Renewable Energy Development Agency|Ind Renewable Energy]] Ltd''' and [[Vakhariia|Vakharia Power Infrastructure]] Ltd''',''' are headquartered in Regent Chambers, a prominent commercial building at 208 Nariman Point, housing various energy and infrastructure firms.<ref>{{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}}</ref> == Gallery == <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 </gallery> ==References== {{reflist}} ==External links== {{Mumbai topics}} {{Tourist attractions in Mumbai}} {{Mumbai metropolitan area}} [[Category:Economy of Mumbai]] [[Category:Neighbourhoods in Mumbai]] [[Category:High-technology business districts in India]] [[Category:Central business districts in India]]
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