Regarding our last article for our office space search in Bandra West, we got some feedback from most that was a very similar experience when looking for office space for rent in Mumbai on 99acres Mumbai & Magicbricks Mumbai. Founded in 2012, Piramal Realty is the real-estate development business of the Piramal Group. In fact Nariman Point is positioned at the fifth spot in the list of the world’s top ten most expensive office centers. "Areas such as Nariman Point, Fort, Colaba, etc suffer from geographical constraints, which restrict new supply addition. The Bandra - Kurla Complex and Parel rentals have gone up from Rs 200 to Rs 400 per sq ft per month in the last one year. mumbai was formed of seven islands. One of the important constituencies in Delhi Vidhan Sabha elections, Dwarka is also the top preferred locality for outright purchase according to PropIndex, Magicbricks’ India Apartment Index for the month of Oct-Dec 2014. This is especially true of property at the high-end residential and commercial real estate markets in mumbai. At Nariman Point, Property Consultant Ashok Narang said two of his clients have given notices to terminate their leave and license agreements. Nariman Point, Mumbai. Property in mumbai is highly expensive, even by global standards. Complimentary WiFi is available in all rooms. ... magicbricks.com. The efforts of a posh Nariman Point Cooperative Housing Society (CHS) in filing an appeal against an earlier order of the GST Authority for Advance Rulings (AAR) have proved futile. Former municipal commissioner Ajoy Mehta, who was also the chief secretary of the state, has recently bought a flat in Nariman Point for Rs 5.3 crore. Some clients in the area want to shift to smaller offices. And new supply (accounting for 3 mn sqft) is expected to come in the next two-three years. wikimedia.org. Nariman Point, which so far was the most expensive and prime commercial hub of Mumbai (Rs 500 per sq ft/month) and had buildings such as Ceejay House commanding as much as Rs 700-800 per sq ft a month till two years back, has been registering softening of rentals. Featuring a 24-hour business center, the hotel has an outdoor pool, a fitness center and pampering spa treatments. The 5-star Trident Nariman Point is located in Mumbai, overlooking the beautiful Arabian Sea from Marine Drive. Piramal Realty is a dynamic and growing business that is determined to change India's property market by setting new standards for architectural design, customer centricity, quality and safety in the industry. This villa is spread over an area of a half-acre, including a beautiful garden at the backyard. "One of them spent lakhs on interiors just three months ago, but now cannot afford the rent and wants to vacate the 3,400 sqft office," he said. 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