History
Prior to 1940, the area was part of the Arabian sea. A popular leader of the Congress, Khurshid Nariman (affectionately called Veer Nariman), a Brihanmumbai 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 and the shallow sea coast was filled. 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.The entire cost was estimated to be 3 lakhs or 300,000 (now 10 crores or 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==
- India office of RealEstateDealStreet.com
- Headquarters of Central Bank of India
- The Royal Bank of Scotland - Global Banking & Markets
- Accenture Management Consulting
- AZB & Partners in Express Towe s
- Kochhar & Co.
- The Parthenon Group
- Tata Asset Management Ltd
- McKinsey & Company
- Boston Consulting Group
- R K Global
- Bain Capital
- Monitor Group
- Motilal Oswal Securities Ltd
- State Bank of India
- Kotak Mahindra Bank
- JPMorgan
- Howrah Mills Co Ltd
- HR Group
- Kotak Securities
- Edelweiss Capital
- Bakhtawar Tower
- Gulf Airlines
- Navy House
- HSBC
- Croma Zip
- Life Insurance Corporation
- INOX Leisure Ltd.
- 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 and National Aviation Company of India ltd.
- Maker Chambers
- Trident, Nariman Point & The Oberoi Mumbai
- 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)
- SKP Group
- Mittal Towers
- Vidhyan Sabha
- Consulate of Oman, Qatar
- Birla Bhavan
- Bajaj Bhawan
- simplex Group of Companies
- DSP Merrill Lynch
- Bank of America
- IndiaBulls
- Shah Investors home limited
- Howrah Mills Co Ltd
- HR Group
- SpencerStuart
- Reliance Capital Asset Management(Reliance Mutual fund)
- SMC -SAM GLOBAL
- Tata Consultancy Services Ltd.
- Union Bank of India
- State Bank of Mauritius (2nd largest bank of Mauritius with 3 branches in India headquartered in Mumbai)
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