Till 1940s, Nariman Point was a part of Arabian Sea. But to make it a business centre Khursheed Framji Nariman proposed an idea. Various banks and hotels are located here making it the most expensive district of India.
As, Khursheed Framji Nariman is the maker of nariman point the place is named by honor of him.
Various events religious for funfars are done here. Latest upcoming event is the republic event on 26th jan.
Mumbai