Once the heart of Mumbai’s business landscape, Nariman Point is making a bold comeback.. With a surge of companies, law firms, and foreign consulates setting up shop, lease rentals in the area have been climbing steadily. What was once considered the prime Central Business District (CBD) in the ’70s and ’80s, Nariman Point and its neighbouring Fort and Ballard Estate areas are now witnessing renewed interest, with property agents anticipating the rates to soar over Rs 1,090 per square foot—nearly double the current Rs 570 per square foot.
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