Rajiv Singh: The Billionaire Behind India's Largest Real Estate Empire
Meet Rajiv Singh, the son of KP Singh, who has taken DLF to new heights, making it India's biggest publicly traded real estate company.
Real EstateDlfRajiv SinghKp SinghGurugramReal EstateJul 28, 2024
DLF made the decision to develop Gurugram in 1985, a year in which the location was unknown. DLF created Gurugram as a premier residence and workplace for the emerging class of Indian professionals. Currently, DLF stands as India's biggest publicly traded real estate company, present in 24 cities and 15 states, with retail, commercial, and residential properties.
Kushal Pal Singh, the son-in-law of Raghvendra Singh, played a significant role in elevating DLF to the top. In 1961, he retired from the army and joined DLF. Under his direction, DLF expanded in Gurgaon, now known as Gurugram. KP Singh, an aeronautical engineer, began working for DLF in 1961 and was appointed MD in 1969. DLF advanced significantly under his direction. In 2020, Singh stepped down.
Today, Rajiv Singh, the son of KP Singh, is at the helm of the business. For the fiscal year 2023-2024, he received a salary of Rs 27.30 crore. With a net worth of Rs 1,24,420 crore, 65-year-old Rajiv Singh was named the richest real estate entrepreneur in the Grohe-Hurun India Real Estate List 2023. DLF is currently regarded as the leading real estate company in India, with a market valuation of Rs 2 lakh crore.
Frequently Asked Questions
When was DLF founded?
DLF was founded in 1946 by Chaudhary Raghavendra Singh.
What was the purpose of developing Gurugram?
DLF created Gurugram as a premier residence and workplace for the emerging class of Indian professionals.
Who is Kushal Pal Singh?
Kushal Pal Singh is the son-in-law of Raghvendra Singh and played a significant role in elevating DLF to the top.
What is Rajiv Singh's annual salary?
Rajiv Singh received a salary of Rs 27.30 crore for the fiscal year 2023-2024.
What is DLF's current market valuation?
DLF is currently regarded as the leading real estate company in India, with a market valuation of Rs 2 lakh crore.
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