I travel from here everyday and always wondered what is this place and why it’s left like this. This is in between the mahalaxmi racecourse and phoenix mall.
Update - so i looked into the Namaste tower project and it looks like the project was significantly delayed due to pending clearance from the aviation authorities.
This tower was supposed to be landmark hotel with a height of over 300mtrs and would have had a facade that looked like henna design.
I doubt if it would have looked anything like the rendered images but it was a very ambitious project to start with. Considering the location and height of this hotel, it would have amazing views of the city and the sea. And pretty sure it would have covered the view of the neighbouring St. Regis view as well. The project is delayed indefinitely and there are old articles on the web that report a new project coming there. Considering the way our city is booming in terms of high value real estate deals, I dont this new project breaking ground any time soon too.
Lastly thank you everyone for sharing your views on this. This mystery is solved now.