In 2006, prior to the
2008 financial crisis, Nariman point was the seventh most expensive location in the world for office space. However, by December 2012 Nariman Point had fallen to 25th place while Delhi's
Connaught Place remained the fifth most expensive location despite many offices moving to
Gurgaon and
Noida. 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. ,
Trident hotel,
Oberoi hotel and
Marine drive road in the Nariman Point
Terrorist attacks In 1993, the
1993 Bombay bombings took place. Bombs were destroyed at Nariman Point and nearby places. There were also bombs in other parts of the city. On the evening of 26 November 2008, Pakistani-trained
Lashkar-e-Taiba terrorists attacked the luxury hotels Trident and Oberoi, which are located in this area. They used
AK-47 assault rifles and
Hand Grenades in their attack, which was part of the larger
Mumbai terrorist attack. 166 people were killed, 238 injured to various degrees, and the
Taj Hotel was besieged for 3 days. The Mumbai police apprehended one of the terrorists,
Ajmal Kasab. The rest were eliminated in various operations by India's security forces. == Gallery ==