Edit filter log

'{{unreferenced|date=December 2006}} {{coord|18.911605|N|72.82431|E|display=title}} [[Image:Mumbai skyline.jpg|thumb|200px|Nariman Point]] '''Nariman Point''' (नरिमन पॉईंट) is [[Mumbai]]'s premier business district. It was named after [[Khurshed Nariman| Khursheed Framji Nariman]], a [[Parsi people|Parsi]] visionary.''Otto wohnt auch in Mumbai!!!!'''''Bold text''' The area is situated on land reclaimed from the sea. It had the distinction of having the highest commercial real estate rental space in the world in 1995 at $175 per square foot ($1880/m²). As per 2006 the area prices rose sharply to 450 US$ per sq ft. ($4800/m²). Nariman Point hit a new high as a flat sold for a record $8.62 million (USD) on November 26 2007[http://www.property-report.com/aprarchives.php?id=952&date=261107], at an astonishing $2488 (Rs.97,842) per square foot. The area is situated on the extreme southern tip of [[Marine Drive]]. It houses some of [[India]]'s premier business headquarters. ==History== Prior to 1940, the area was part of the sea. A popular leader of the [[Indian National Congress|Congress]], Khurshid Nariman (''affectionately called Veer Nariman''), a [[Bombay Municipal Corporation]] corporator, proposed to reclaim the area from the sea near [[Churchgate]]. To accomplish this task, debris from various parts of the city was dumped here to fill in the shallows. Reinforced concrete cement was used, of which the imported steel used was obtained from the black market at a higher price due to the [[World War II]]. This led to a furore and Nariman was sacked. The entire cost was estimated to be Rs. 3 [[lakh]]s or Rs. 300,000 (now Rs. 10 [[crore]]s or Rs. 100,000,000) Additional reclamations were carried out in the 1970s. A construction boom in that decade saw this region spurting many commercial high-rises. ==Commercial establishments== [[Image:Marine Drive.JPG|thumb|200px|Nariman Point]] * Accenture Management Consulting * [[Boston Consulting Group]] * [[Monitor Group]] * [[State Bank of India]] * [[Kotak Mahindra Bank]] * [[JPMorgan]] * Kotak Securities * [[Edelweiss Capital]] * Bakhtawar Tower * Export Credit GuaranteeCorporation of India Ltd.in Express Towers * Express Towers, home of the [[Indian Express]] newspaper * The Air India Building, Headquarters of [[Air India]] * Maker Chambers * The [[Hilton Hotels|Hilton]] Towers Hotel, formerly known as Oberoi Towers * [[Reserve Bank of India]] * British Consulate and British Library * HeadQuarters of [[Bank of India]] * French Consulate and Trade Mission * [[National Centre for the Performing Arts]] (NCPA) * Mittal Towers * Vidhyan Sabha * Consulate of [[Oman]], Qatar * Birla Bhavan * Bajaj Bhawan * DSP Merrill Lynch * Bank of America * IndiaBulls * SpencerStuart * Reliance Capital Asset Management(Reliance Mutual fund) * SMC -SAM GLOBAL It is widely regarded as the 'Manhattan' of Mumbai and it boasts of a spectacular skyline and pricey residential condos. It is also the main financial district of Mumbai and houses most of the financial services and brokerage companies-- both Indian and international. It is also the location for the Vidhan Bhavan which is the political headquarters of the state of Maharashtra. {{Mumbai topics}} {{Tourist attractions in Mumbai}} {{Mumbai metropolitan area}} [[Category:Economy of Mumbai]] [[Category:Neighbourhoods in Mumbai]] [[Category:Central business districts]] [[Category:High-technology business districts]] [[hi:नरीमन पॉइंट]]'