The 7 days convention consisting of seminars, debates, cultural presentations, exhibition and food festival was a grand success.

It came into being immediately after the World Konkani Convention in 1995 in the leadership of Basti Vaman Shenoy as its President and eminent banker, philanthropist and social leader K.K.

The Foundation stone, marking the beginning of construction work was laid in a ceremony in September 2005 by eminent philanthropist Dr. P. Dayanand Pai.

[1] Basti Vaman Shenoy toured relentlessly to raise funds for this mammoth project all over India and abroad.

[citation needed] The World Konkani Hall of Fame is a shrine to great Konkani men and women who have rendered commendable service aimed at the betterment of the society in various fields such as art, folklore, literature, education, science, technology, banking, politics, administration and other fields.

The Mandir consists of specially commissioned, hand painted portraits of eminent Konkani people.

The shrine has been installed at the upper floor of the left wing of World Konkani Centre.

His wife, the Senior Editor of CNN-IBN Sagarika Ghosh, was the guest of honour on the occasion and garlanded the portrait of Dilip Sardesai.

World Konkani Centre will also translate the prize winning book into English, Malayalam and Kannada languages.