Nariman Point In Mumbai Is One Of The Most Expensive & Posh Areas.
Some of the major corporations, including the Central Bank of India, Air India, State Bank of India, Indian Express, & Oberoi Hotel, are located in Nariman Point, which is thought to be the fourth most expensive place in the world to rent offices. Nariman Point was once a part of the Arabian Sea, and it wasn’t until Khursheed Framji Narima, a congressman and municipal corporator, requested that this land be reclaimed, that it became known as Nariman Point. Following this reclamation, the whole city’s trash was deposited along the rocky seashore. This called for more reclamation in the 1970s. A surge and the development of commercial buildings in the area result from subsequent construction projects in the neighbourhood.
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Today, Nariman Point has established itself as Mumbai’s poshest neighbourhood. It is also occasionally referred to as Mumbai’s Manhattan. Continue reading the article below to find out more about Mumbai’s busiest business district, its real estate market, and everything from the nearby eateries to what to visit around Nariman Point.
Quick Facts about Mumbai’s Nariman Point
- One of the world’s priciest places to live
- Strategically situated and well-connected
- The third-richest business district in India
- The area is prone to excessive traffic because of the bustling business activity, especially during peak hours.
- Increased traffic also raises the possibility of air pollution
- Convenient to Marine Drive, the Gateway of India, and the Indian Naval Base
The best locations to explore around from Nariman Point in Mumbai
There are a few tourist destinations around that you may visit if you’re in the region and would like to spend the day sightseeing. Which are:
Jehangir Art Gallery:
One of Mumbai’s most renowned and historic art galleries, the Jehangir Art Gallery is situated in Kala Ghoda, barely two kilometres from Nariman Point. Since its establishment in 1952, the gallery has attracted thousands of outstanding artists and art enthusiasts from all over the world as well as from Mumbai. The Jehangir Art Gallery has a distinguished history, having shown works by illustrious artists including M.F. Hussain. The art gallery is open every day from 11 am to 7 pm for tourists and is free to enter.
Marine Drive:
Near the Churchgate train station, Marine Drive is a popular location for postcards, commercials, and movies. This three-kilometer promenade, which is shaped like a “C,” is in South Mumbai. The Queen’s Necklace Road is another name for the concrete sidewalk that runs alongside the water. The promenade, especially when viewed from the top, precisely resembles a necklace design at night when the lights are on. It has been planted with palm trees on both sides, giving it a feel similar to Miami or Florida. The best times would be either early in the morning or late in the day if you wanted to enjoy the promenade’s gorgeous views without having to cope with traffic or crowds.
Gateway of India:
The Gateway of India was constructed in the 20th century to honour the arrival of Queen Mary & King George V during their 1911 journey to India. It was built in the Indo-Saracenic architectural style. The basalt structure has a height of 26 metres. The design was approved by George Wittet in 1914. For subsequent Governors of Bombay and Viceroys, the Gateway served as a symbolic ceremonial entryway into India. It made it possible to enter and leave India. Its massive building is now a popular tourist destination and gathering place for residents.
Girgaon Chowpatty:
Girgaon Chowpatty, commonly referred to as Bombay Chowpatty, is a beach that is situated on the city’s town side. Parallel to it are buildings decorated in the Art Deco style. The beach is 5 kilometres long, and Marine Drive is just next to it. The beach offers a variety of entertainment options, from horseback riding to several roadside booths where you can grab a fast lunch while you relax by yourself or with your loved ones and watch the waves come in. Mumbai’s Girgaon Chowpatty, which is near to Nariman Point, is undoubtedly one of the city’s highlights.
Best Restaurants in Mumbai’s Nariman Point
Below are a few of the top and most well-liked eateries in the area of Nariman Point that you must visit for a genuinely uplifting gastronomic experience. These restaurants are definitely worth a visit, even if you are not a foodie and just want to have a unique experience.
Mumbai’s Frangipani, Trident, Nariman Point restaurant bears the name of the exotic, exquisite flower. The restaurant places a strong emphasis on food presentation, so whether you come for lunch or dinner, you’ll be amazed by the “theatre of cuisine.” The restaurant serves wonderful meals from a variety of cuisines, including Mediterranean, Italian, and Indian, and is quite brilliantly illuminated. Every day from 7 am to 12:30 am, Frangipani at Trident, Nariman Point is open for business.
The Oberoi hotel is well-known and well-represented throughout India. It is located in Nariman Point. Depending on your level of hunger and mood, you can discover a variety of eateries and bakeries here. You should check out Ziya, The Champagne Lounge, The Eau Bar, and The Oberoi Patisserie and Delicatessen, among other well-known eateries, in this area.
Amadeus, National Centre for the Performing Arts, Nariman Point: Amadeus is another eatery where the experience is mind-blowing and the service, cuisine, and wines are all top-notch.
Real Estate Case Study of Mumbai’s Nariman Point
Nariman Point is a fairly well-known neighbourhood that is also the location of many significant residential developments, including Cusrow Baug, Harbour Heights, Mittal Court, Pal Court, Mandar Government Apartments, and Ivan Hoe, to name a few.
Mumbai’s Nariman Point’s connectivity
Maharshi Karve Road, Madame Cama Road, Netaji Subhash Chandra Bose Road, General Jagannath Bhosle Road, and Marine Drive are all easily accessible from Nariman Point in Mumbai. When using the Western Express Highway, Nariman Point is around 24 km from Chhatrapati Shivaji Maharaj International Airport and about 4 km from Chhatrapati Shivaji Terminus Railway.
Social Infrastructure
If you intend to reside in or close to Nariman Point, the area offers first-rate amenities. For your youngster, there are a number of reputable schools in the area, all within a 2-kilometer radius. The Cathedral & John Connon School, the Campion School, St. Annes High School, and BD Somani International School are a few of these. Additionally, there are healthcare facilities such the H C G I C G Khubchandani Cancer Hospital, Bombay Hospital, St. George Hospital, and Sir H N Reliance Foundation Hospital & Research Centre.
Numerous retail centres, including the Oberoi Shopping Centre, Metro Plaza, Trident Shopping Centre, and Taj Shopping Arcade, are also within a 2-kilometer radius for locals and shoppers alike.
Employment Opportunities
Working professionals wishing to relocate to Mumbai’s Nariman Point will find this neighbourhood to be highly convenient for their professional and entrepreneurial endeavors. It is only 30 kilometres away from Santacruz Electronics Export Processing Zone, 21 kilometres from The National Stock Exchange of India, 31 kilometres from Infotech Park, 22 kilometres from Bandra Kurla Complex, and 2 kilometres from the Bombay Stock Exchange.
Take a brief look at the tables below for Nariman Point, Mumbai to get an idea of how the houses are priced in this area for both rent and purchase.
Property for Sale in Mumbai’s Nariman Point
Find more about numerous properties in Nariman Point if you’re looking for a convenient, commercial, and booming neighbourhood.
Out of the 80% of houses up for sale in the area, 3 BHKs are the most popular and account for 40% of sales.
| Price Range | |
| Above 5 crore | 80% |
| Others | 20% |
| Property Type | |
| Commercial Office Space | 89% |
| Apartment | 9% |
| Commercial showroom | 2% |
Property for Rent in Mumbai’s Nariman Point
According to a survey, the most popular type of rental property in this area is the three-bedroom home, which accounts for 64% of all available rentals.
| Price Range | |
| Above 1 lakh | 91% |
| 10K- 15K | 9% |
| Property Type | |
| Commercial Office Space | 93% |
| Apartment | 4% |
| Co-working space | 1% |
| Others | 2% |
Nariman Point, Mumbai, in Brief
Due to its convenient access to Marine Drive, facilities, and close proximity to one of India’s biggest commercial districts, Nariman Point in Mumbai is a luxurious area that the wealthy and affluent highly value. These factors together affect both the demand for it and the rates of property valuation. You should look at the 2BHK, 3BHK, 4BHK, and 5 BHK possibilities in this area if you want to live in a desirable area and money is not an issue for you.
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