Panchratnam () is a noted skyscraper and a landmark in

South Mumbai South Mumbai, colloquially SoBo from South Bombay in Indian English, administratively the Mumbai City District, is the city centre and the southernmost precinct of Greater Bombay. It extends from Colaba to Mahalaxmi (Western side), Byculla ...

India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...

, near its Western Railway's

Charni Road Charni Road (Marathi pronunciation: ͡ʃəɾniː ɾoːɖ is a neighbourhood in the southern part of Mumbai. It is served by Charni Road railway station. Geography and Location Charni Road is strategically located along the western coastli ...

Station. It was built in 1975. It has 25 floors with a unique design where the bottom six floors face the road, the seventh floor is a terrace and the remaining floors from eight to twenty-five face the

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, giving views of Queen's Necklace, Cuffe Parade,

Nariman Point Nariman Point is a prominent downtown area of Mumbai in Maharashtra, India. Located on the southern tip of the Mumbai peninsula, at the end of the Mumbai's Marine Drive, Nariman Point houses some of India's prestigious business headquarters. B ...

, Marine Drive,

Chowpatty Girgaon Chowpatty (IAST: ''Giragāva Chaupāṭī''), is a public beach along the Queen’s Necklace adjoining Marine Drive in the Girgaon area of Mumbai (Bombay), Konkan division, India. It is served by the Charni Road railway station. Th ...

and

Walkeshwar Walkeshwar (Pronunciation: �aːɭkeʃʋəɾ is an affluent area in South Mumbai, India, at the north-western end of the Marine Drive loop. It has a large Gujarati population. It is mostly known for Walkeshwar Temple, Banganga Tank and Jai ...

. It was developed by Vidyasagar & Daftary

Architecture

The first six floors were designed to be commercial offices while the floors above the seventh floor were designed to be residential apartments. By the early 1980s, most of the diamond market in Mumbai moved into the commercial offices, which drove up the demand for offices in nearby locations. Due to sustained high demand, the residential apartments were sold at commercial rates, where one residential apartment was converted into two or three commercial offices. In a decade, a local Mumbai newspaper estimated that the prices for each residential apartment was the most expensive residential real estate per sq. foot in all of Asia, including that of

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Tokyo Tokyo, officially the Tokyo Metropolis, is the capital of Japan, capital and List of cities in Japan, most populous city in Japan. With a population of over 14 million in the city proper in 2023, it is List of largest cities, one of the most ...

. There are about 15 residences currently and the diamond market has moved from this building after a two decade run, to BKC. The Panchratna Housing Co-operative Society is preparing for a second re-run of encouraging residences to grow. The building has been in many news over the decades, but it is one of the first high rises to actually face the bay area of the city.

13 July 2011 bombing

On 13 July 2011, at 6:55pm, when the

13 July 2011 Mumbai bombings The 2011 Mumbai bombings, also known as 13/7, were a series of three coordinated bomb explosions at different locations in Mumbai, India, on 13 July 2011 between 18:54 and 19:06 IST. The blasts occurred at the Opera House, at Zaveri Bazaar and ...

took place, an

improvised explosive device An improvised explosive device (IED) is a bomb constructed and deployed in ways other than in conventional warfare, conventional military action. It may be constructed of conventional military explosives, such as an artillery shell, attached t ...

was detonated outside of Panchratna. Although most of the offices were empty at the time of the explosion, as many as thirty individuals on the streets nearby were injured or killed by the blasts. The bomb was one of three detonated that evening in

Mumbai Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian state of Maharashtra. Mumbai is the financial capital and the most populous city proper of India with an estimated population of 12 ...

. Representatives of the diamond trade believed that the attacks specifically targeted their industry.

References

Buildings and structures in Mumbai {{Mumbai-geo-stub