Valor Estate has received a Letter of Award (LoA) from the Government of Goa (Department of Public Private Partnership) for development of an International Convention Centre, Convention Hotel and associated downstream facilities at Dona Paula, Goa on a Design, Build, Finance, Operate and Transfer (DBFOT) basis. 

The award has been received pursuant to a competitive bidding process initiated by the Government of Goa under a Public Private Partnership framework. The project is proposed to be developed on a leasehold land parcel admeasuring around 2,84,775 sq. metres (around 70 acres) at Dona Paula, Goa, under a long-term concession arrangement. 

The scope of the project broadly comprises Development of an International Convention Centre with large-capacity convention and exhibition facilities; Development of a Convention Hotel; an Development of permitted downstream facilities, including hospitality, retail and other commercial uses, on the balance land, in accordance with applicable laws and development regulations. 

Valor Estate (Formerly known as D B Realty) is a full-service development company specializing in large scale urban regeneration projects across the Mumbai Metro Region.