Ministry of Urban Development has approved “Broadway & Ernakulam Market Heritage Urban Renewal Project” for Kochi in Kerala under Jawaharlal Nehru National Urban Renewal Mission (JNNURM). The Central Sanctioning and Monitoring Committee (CSMC) for sanctioning of projects under Sub Mission I of UIG under (JNNURM) has approved this new project for Kochi in its 82nd meeting held under the chairmanship of the Secretary, Ministry of Urban Development.

The aim of the project is to create integrated pedestrian zone which will bind heritage zone and shopping activities into a well connected urban heritage precinct and will improve traffic and parking management in the area. It will retain heritage importance of the place while improve pedestrian related infrastructure and shopping related facilities. Revenue generation from the area will also improve as a result of environment improvement through betterment charges and other rentals. As a whole it will improve heritage and urban image ability of Kochi Heritage Zone 3 to make it a more popular shopping and safe pedestrian environment.

The project will be implemented by Kochi Municipal Corporation and will take a period of 24 months for completion.