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[ 0 => '{{Use dmy dates|date=January 2019}}', 1 => '{{Use Indian English|date=January 2019}}', 2 => '{{Infobox settlement', 3 => '| name = Nariman Point', 4 => '| settlement_type = CBD', 5 => '| image_skyline = Mumbai skyline.jpg', 6 => '| image_alt = ', 7 => '| image_caption = Air India Building', 8 => '| nickname = ', 9 => '| map_alt = ', 10 => '| map_caption = Location of Nariman Point in [[Mumbai]]', 11 => '| pushpin_map = Mumbai', 12 => '| pushpin_label_position = ', 13 => '| pushpin_map_alt = ', 14 => '| pushpin_map_caption = ', 15 => '| coordinates = {{coord|18.926|N|72.823|E|display=inline,title}}', 16 => '| subdivision_type = Country', 17 => '| subdivision_name = India', 18 => '| subdivision_type1 = [[States and territories of India|State]]', 19 => '| subdivision_type2 = [[Districts of India|District]]', 20 => '| subdivision_type3 = City', 21 => '| subdivision_name1 = [[Maharashtra]]', 22 => '| subdivision_name2 = [[Mumbai City district|Mumbai City]]', 23 => '| subdivision_name3 = [[Mumbai]]', 24 => '| established_title = <!-- Established -->', 25 => '| established_date = ', 26 => '| founder = ', 27 => '| named_for = ', 28 => '| government_type = [[Municipal Corporation]]', 29 => '| governing_body = [[Brihanmumbai Municipal Corporation]] (BMC)', 30 => '| unit_pref = Metric', 31 => '| area_footnotes = ', 32 => '| area_total_km2 = ', 33 => '| area_rank = ', 34 => '| elevation_footnotes = ', 35 => '| elevation_m = ', 36 => '| population_total = ', 37 => '| population_as_of = ', 38 => '| population_footnotes = ', 39 => '| population_density_km2 = auto', 40 => '| population_rank = ', 41 => '| population_demonym = ', 42 => '| demographics_type1 = Languages', 43 => '| demographics1_title1 = Official', 44 => '| timezone1 = [[Indian Standard Time|IST]]', 45 => '| utc_offset1 = +5:30', 46 => '| postal_code_type = [[Postal Index Number|PIN]]', 47 => '| postal_code = 400021<ref name="pcode">{{cite web|url=https://indiapincodes.net/Maharashtra/Mumbai/Nariman-point/|title=Pin code : Nariman Point, Mumbai', 48 => '|access-date=9 February 2015|publisher=indiapincodes.net}}</ref>', 49 => '| area_code = 022', 50 => '| area_code_type = ', 51 => '| registration_plate = MH 01', 52 => '| blank1_name_sec1 = Civic agency', 53 => '| blank1_info_sec1 = [[Brihanmumbai Municipal Corporation|BMC]]', 54 => '| website = ', 55 => '| footnotes = ', 56 => '| demographics1_info1 = [[Marathi language|Marathi]]', 57 => '}}', 58 => '', 59 => ''''Nariman Point''' is a [[Central business district|prominent]] CBD in the city of Mumbai, India.', 60 => '', 61 => '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.', 62 => '', 63 => '==History==', 64 => 'Prior to 1940, the area was part of the Arabian sea. A popular leader of the [[Indian National Congress|Congress]], [[Khurshed Nariman]] (affectionately called ''Veer'' Nariman), a [[Brihanmumbai Municipal Corporation|Bombay Municipal Corporation]] corporator, proposed to reclaim the area from the sea near [[Churchgate]]. 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]].The entire cost was estimated to be {{abbr|{{INR}}300,000|equivalent to £{{formatnum:{{#expr:((300000 / 13.33)+50) round trunc-2}}}} or ${{formatnum:{{#expr:((300000*4.03 / 13.33)+50) round trunc-2}}}} in 1940}} (equivalent to about {{abbr|', 65 => '{{INR}}{{format price|{{#expr:{{inflation|US|{{#expr:(300000*4.03 / 13.33)}}|1940}}/{{INRConvert/CurrentRate|USD}}}} }}|around £{{format price|{{inflation|UK|{{#expr:(300000 / 13.33)}}|1940}}}} or ${{format price|{{inflation|US|{{#expr:(300000*4.03 / 13.33)}}|1940}}}} or {{Euro}}{{format price|{{#expr:{{inflation|UK|{{#expr:(300000 / 13.33)}}|1940}}/{{INRConvert/CurrentRate|GBP}}*{{INRConvert/CurrentRate|EUR}}}}}} |}} in {{CURRENTYEAR}}). 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.{{citation needed|date=January 2019}}', 66 => '', 67 => 'In 2006, prior to the [[financial crisis of 2007–08]], 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>', 68 => '', 69 => '[[File:Marine Drive.JPG|thumb|256px|Nariman Point]]', 70 => '[[File:The Oberoi Hotel in Mumbai 2015.JPG|thumb|Nariman point buildings at night.]]', 71 => '', 72 => '==Economy==', 73 => '{{expand section|date=July 2016}}', 74 => '[[Air India]] had its headquarters in the [[Air India Building]] for many years.', 75 => '', 76 => 'Renewable Energy and Power companies Ind Renewable Enercy Ltd and Vakharia Power Infrastructure Ltd are headquartered at Regent Chambers, 208 Nariman Point, Mumbai.<ref>{{Cite news|url=https://www.bloomberg.com/profiles/people/16396588-jitendra-k-vakharia|title=Ind Renewable Enercy Ltd & Vakharia Power Infrastructure Ltd, Regent Chambers, Nariman Point, Mumbai|work=Bloomberg}}</ref>', 77 => '', 78 => 'At one time [[All Nippon Airways]] maintained its Mumbai sales office in the [[Oberoi Trident Towers]] in Nariman Point.<ref>"[http://www.ana.co.jp/wws/uk/e/about_ana/corp_info/investor/stock_info/reports/images/1998/98j.pdf ANA Directory] {{Webarchive|url=https://web.archive.org/web/20160708184523/http://www.ana.co.jp/wws/uk/e/about_ana/corp_info/investor/stock_info/reports/images/1998/98j.pdf |date=8 July 2016 }}" ([https://www.webcitation.org/6ir3fPVWe?url=http://www.ana.co.jp/wws/uk/e/about_ana/corp_info/investor/stock_info/reports/images/1998/98j.pdf Archive]). [[All Nippon Airways]]. 1998. Retrieved on 9 July 2016. "Mumbai (Bombay) Room 2318 2320 The Oberoi Trident Towers Nariman Point Mumbai-400 021, India"</ref>', 79 => '', 80 => '== Notable landmarks ==', 81 => '<gallery>', 82 => 'File:Cuff Parade 4m Nariman Point - panoramio (5).jpg|Nariman Point (Day)', 83 => 'File:Nariman Point, Mumbai, Maharashtra 400021, India - panoramio (18).jpg|Nariman Point', 84 => '</gallery>', 85 => '', 86 => '==References==', 87 => '{{reflist}}', 88 => '', 89 => '==External links==', 90 => '', 91 => '{{Mumbai topics}}', 92 => '{{Tourist attractions in Mumbai}}', 93 => '{{Mumbai metropolitan area}}', 94 => '', 95 => '[[Category:Economy of Mumbai]]', 96 => '[[Category:Neighbourhoods in Mumbai]]', 97 => '[[Category:High-technology business districts in India]]', 98 => '[[Category:Central business districts in India]]' ]