The body that oversees the development of the City of Cochin is the statutory body called The Greater Cochin Development Authority. The development in the major part of Greater Cochin area which includes Cochin Corporation and the surrounding municipalitie
s of Thripunithura, Trikkakara, Aluva, Kalamassery, Marudu, Eloor, North Parur, Angamali and Perambavur and the intervening Panchayats of Cheranelloor, Varappuzha, Chennamangala
m, Kadamakudy, Kadungalloor, Alengad, Chengamanad, Nedumbassery, Chottanikara, Choornikkara, Edathala, Kumbalam and Kottuvally are taken care of by the GCDA. GIDA is the other developmental authority in Kochi that oversees the development of the islands towards west of the Kochi mainland and North of the harbor. GCDA was in fact the first exclusive agency formed for the development of any urban area in the state of Kerala. Following the success of the GCDA, developmental authorities for other cities in the state were formed.
One of the most significant projects undertaken by GCDA is Marine Drive. The sub projects of Marine Drive include the Marine Walkway, the Rainbow Bridge, the China Net Bridge, the Asoka Tharangini apartments and the GCDA shopping complex.
Jawaharlal Nehru International Stadium is another project handled by GCDA. It was built in 515 days and has a seating capacity of 75000.
The other projects include Maharajaâ€™s College Ground, Eastern terminal of Ernakulam Junction Railway Station, Ambedkar Stadium near KSRTC bus station, Rajendra Maidan near Subhash Chandra Bose Park, Kaloor-Kadavanthra Road and Changampuzha park.
As a result of these developments, there are a number of people willing to settle in Cochin. A number of builders are now interested in investing in Cochin due to which the prices in real estate Cochin
have gone very high.