South Mumbai hosts the
Reserve Bank of India,
the Bombay Stock Exchange and, one of the oldest
YMCA buildings. Its primary business districts are the
Fort,
Nariman Point,
Ballard Estate, and more recently
Lower Parel, Mumbai Central. Many leading Indian and multi-national companies are headquartered here.
Chhatrapati Shivaji Maharaj Terminus (CSMT) and
Churchgate serve as headquarters and starting point for country's
Central Railway and
Western Railway lines respectively. The headquarters of the
Brihanmumbai Municipal Corporation, the governing civic body of Greater Mumbai is located in South Mumbai. The
Bombay High Court is also in South Mumbai. The terrorist attacks of 2008 included many prominent South Mumbai locations including
the Taj Mahal Palace Hotel in Colaba,
Leopold Cafe and
Chhatrapati Shivaji Maharaj Terminus. The area houses a significant proportion of prime upmarket residential neighbourhoods of Mumbai including:
Pedder Road,
Nepean Sea Road,
Kemps Corner,
Altamount Road,
Carmichael Road,
Breach Candy and
Walkeshwar Road, forming a sort of golden quadrilateral and includes some of the most expensive residential areas in the world, such as the
Hanging Gardens, Kemps Corner,
Cuffe Parade and
Malabar Hill. South Mumbai is home to two
UNESCO World Heritage Sites:
Chhatrapati Shivaji Maharaj Terminus and
the city's distinctive ensemble of Victorian and Art Deco buildings. South Mumbai boasts a large number of
Art Deco buildings, second only to
Miami. South Mumbai's architecture also comprises historical monuments from the colonial era which attract tourists throughout the year. South Mumbai has many educational institutions such as
Jamnalal Bajaj Institute of Management Studies,
St. Xavier's College,
Government Law College,
Jai Hind College,
Wilson College,
Grant Medical College,
Sydenham Institute of Management Studies, Research and Entrepreneurship Education, among others. Many distinctive sporting clubs have been an integral part of South Mumbai landscape like the
Willingdon Sports Club, the
Turf Club at
Mahalaxmi Racecourse, the
Bombay Gymkhana, the Breach Candy Club, the N.S.C.I., and the Malabar Hill Club (Formerly W.I.A.A. Club). The
Cricket Club of India (CCI) and
Mumbai Cricket Association (MCA) are located at Mumbai's two cricket stadiums, namely
Brabourne Stadium and
Wankhede Stadium respectively. Although
land reclamation has allowed the southernmost tip of the district to double in size since the 1970s, the business districts face an acute shortage of real estate. As a result, the real-estate prices are among the top ten worldwide. As a ratio to average
per capita income, real-estate prices in the business districts remain the most expensive in the world. South Mumbai is also home to such sporting grounds as Brabourne Stadium, Wankhede Stadium,
Shivaji Park,
Azad Maidan,
Oval Maidan, and
Cooperage Ground. Mumbai's most popular beach,
Girgaon Chowpatty is located at the beginning of a 3.6 km
esplanade known as the
Marine Drive which is a popular hangout spot among the citizens. Another popular esplanade in South Mumbai is the Worli Seaface. South Mumbai has popular art galleries and museums like
Chhatrapati Shivaji Maharaj Vastu Sangrahalaya,
Jehangir Art Gallery, Nehru Centre Art Gallery. Sobo Films, an
independent film producer, has been named after the area but is itself based in
Andheri in the
west. South Mumbai has become less congested with the creation of the
Bandra Worli Sea Link. Auto rickshaws are strictly banned here. This facilitates quicker transport between people residing in the suburbs and the corporate offices in South Mumbai. Traffic is a major concern in most parts. ==Division==