The Visionary Behind Gurugram's Transformation: India's Highest Paid Real Estate Tycoon
Discover how DLF transformed Gurugram into a premier residential and commercial hub, and meet the man behind its success, Rajiv Singh, who takes home a staggering Rs 27.30 crore annual salary.
Real EstateDlfGurugramKushal Pal SinghRajiv SinghIndias Highest PaidReal Estate NewsJul 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.
Kushal Pal Singh, the son-in-law of Raghvendra Singh, has made the largest contribution to elevating DLF to the top. In 1961, he retired from the army and joined the DLF. DLF began to expand under his direction in Gurgaon, which is now known as Gurugram.
Rajiv Singh, the son of KP Singh, is currently in charge of the business. For the fiscal year 2023–2024, he was paid 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.
Delhi Land and Finance (DLF) is India's largest publicly traded real estate company, present in 24 cities and 15 states, with retail, commercial, and residential properties.
Frequently Asked Questions
Who founded Delhi Land and Finance (DLF)?
Chaudhary Raghavendra Singh founded Delhi Land and Finance (DLF) in 1946.
What was the initial focus of DLF?
The initial focus of DLF was to create 22 urban colonies in Delhi.
Who played a key role in elevating DLF to the top?
Kushal Pal Singh, the son-in-law of Raghvendra Singh, played a key role in elevating DLF to the top.
Who is currently in charge of DLF?
Rajiv Singh, the son of KP Singh, is currently in charge of DLF.
What is Rajiv Singh's annual salary?
Rajiv Singh's annual salary is Rs 27.30 crore.
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