Nariman Point is the fourth most expensive office location in the world. It is home to some of the biggest financial and business establishments such as Air India, Central Bank of India, Indian Express, State Bank of India, The Oberoi Hotel and so on. Situated on the extreme southern gradient of Marine Drive, It is one of the posh locations in Mumbai. The vivacious city of Mumbai proudly boasts of this place as a main tourist attraction. Even more eye-catching is the breathtaking view of Arabian Sea, which is the highlight of Nariman Point that attracts tourists from all over the country and also the world. Moreover, the nightlife in Nariman Point is quite lively because of the presence of extraordinary star hotels, pubs and lounge bars. Read on to learn about the beginning and history of Nariman Point.
History
Till 1940, Nariman Point was a part of the Arabian Sea. Khursheed Framji Nariman was the one to propose the idea of converting the place into a business platform by reclaiming some part of the land. Khursheed Nariman, who was fondly called Veer Nariman, was an active Congress leader and served as a corporator to the Bombay Municipal Corporation. He suggested retrieving the area near Churchgate and in order to undertake this task, garbage from all parts of Mumbai (then Bombay) was dumped to fill the shallow sea coast. Concrete cement along with imported steel was used to construct this place. Then, the total cost was anticipated to be Rs.3 lakhs, which now would have cost Rs.10 crore. More reinforcement works were carried out later.
Following are some popular business institutions located in Nariman Point:
- Central Bank of India
- Mittal Towers, Air India
- The Royal Bank of Scotland
- Accenture Management Consulting
- Headquarters of Bank of India
- Kotak Mahindra Group
- Indian Express
- Birla Bhavan
- French Consolate and Trade Mission
- British Consulate and British Library
- National Centre for the Performing Arts (NCPA)
- Maker Chambers
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