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The Mumbai Portal

Nariman Point and Cuffe Parade

Mumbai is the capital of the Indian state of Maharashtra and the financial capital of India. With a population of approximately 13.66 million it is one of the most populous cities in the world. Along with the neighbouring suburbs of Navi Mumbai and Thane, it forms, at 18,950,000, the world's fifth most populous metropolitan area. Mumbai lies on the west coast of India and has a deep natural harbour. Mumbai's port handles over half of India's maritime cargo.

Mumbai is the commercial and entertainment centre of India, generating 5% of India's GDP and accounting for 25% of industrial output, 40% of maritime trade, and 70% of capital transactions to India's economy. Mumbai is one of the world's top ten centres of commerce by global financial flow, home to important financial institutions such as the Reserve Bank of India, the Bombay Stock Exchange, the National Stock Exchange of India and the corporate headquarters of many Indian companies and numerous multinational corporations. The city also houses India's Hindi film and television industry, known as Bollywood. Mumbai's business opportunities, as well as its potential to offer a better standard of living, attract migrants from all over India and, in turn, make the city a potpourri of many communities and cultures.

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Nariman Point

Nariman Point (नरिमन पॉईंट) is Mumbai's premier business district. It was named after Khursheed Framji Nariman, a Parsi visionary. The area is situated on land reclaimed from the sea. It had the distinction of having the highest commercial real estate rental space in the world in 1995 at $175 per square foot ($1880/m²). As per 2006 the area prices rose sharply to 450 US$ per sq ft. ($4800/m²). Nariman Point hit a new high as a flat sold for a record $8.62 million (USD) on November 26 2007[1], at an astonishing $2488 (Rs.97,842) per square foot. The area is situated on the extreme southern tip of Marine Drive. It houses some of India's premier business headquarters.

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Montauk Point Lighthouse.
Credit: Humayunn Peerzaada

The building of the Municipal Corporation of Greater Mumbai. It is the civic body that governs the city of Mumbai. It is India's richest municipal organisation. Its annual budget is even more than that of some of the small states of India. Established under the Bombay Municipal Corporation Act (1888), it is responsible for the civic infrastructure and administration of the city and some suburbs of Mumbai.

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View of Thakur Village, Kandivali, Mumbai
Credit: Nitin

'Thakur Village is a planned but congested residential township, nestled snugly between the green foothills of the Sanjay Gandhi National Park towards the east with the forest land controversy and the Western Express Highway (Mumbai-Ahmedabad NH8) towards the west. It offers the perfect combination of living in nature's proximity whilst being connected to all major areas of the city. An upcoming flyover at the busy Mahindra junction promises to ease the traffic woes, which Thakur Village has been notorious for in addition to the everyday waterlogging during rainy seasons, since the past few years. Thakur Village stands apart from other planned localities in Mumbai, due to its spectacular skyline, mostly upper-middle-class citizens, and self-sufficient nature.

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