The EDC Ltd has developed a vast land area of about 1,77,000 sq mts at a prime location in the city of Panaji, Goa in the year 1985, near the state Kadamba bus stand, about 2 Kms. from the Assembly Complex.
The land was reclaimed, leveled, painstakingly planned and developed. Infrastructure facilities like roads, water supply lines, footpaths, sewerage system were constructed, to make it into a model commercial hub.
The plots at Patto Plaza have already been leased out to various parties which includes. LIC, State Bank of India, Bank of India, Bharat Petroleum, Goa Government, ESIC, Registrar of Companies, Income Tax Dept , BSNL, Passport Dept., Sesa Goa Ltd., V. S. Dempo & Co., DLF Ltd., Paswarnath Developers Ltd. Etc.
Many other multinationals, institutions, industrial houses and business establishments have also set up their offices in this prestigious complex.
The FAR for the land is 2.5.
The EDC Limited has redeveloped Patto Plaza with new infrastructure facilities like roads, footpaths, water supply lines, drainage, street Lights and with a new approach road, giving it a major facelift. This redeveloped complex was inaugurated in January 2013.
EDC Ltd has also implemented a PAY PARKING SCHEME at the complex ensuring orderly parking in the area. Patto Plaza has turned out into one of the most important Commercial Hub in the state of Goa with its modern outlook.