The Visionary Behind India's Largest Real Estate Empire: A Story of Success and Innovation
Meet Rajiv Singh, the man behind DLF's success, who has taken the real estate company to new heights with his vision and leadership
Real EstateDlfGurugramIndiaBusinessEntrepreneurshipReal Estate MaharashtraJul 28, 2024
Chaudhary Raghavendra Singh, a major in the Indian Army and a graduate of Delhi's St. Stephen's College, started his company in pre-independence India. After leaving the Army to work in the industry, he changed the way Delhi's National Capital Region looked urban. Millions of families who were uprooted by the division and relocated to the capital were able to obtain homes as a result of his efforts.
In 1985, DLF made the decision to develop Gurugram, a location that was unknown at the time. Under the leadership of Kushal Pal Singh, the son-in-law of Raghvendra Singh, DLF created Gurugram as a premier residence and workplace for the emerging class of Indian professionals.
Today, DLF stands as India's biggest publicly traded real estate company, present in 24 cities and 15 states. It consists of retail, commercial, and residential properties. Kushal Pal Singh, who joined DLF in 1961, played a crucial role in elevating the company to the top.
Currently, Rajiv Singh, the son of KP Singh, is in charge of the business. 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. For the fiscal year 2023-2024, he was paid a salary of Rs 27.30 crore.
DLF is currently regarded as the leading real estate company in India, with a market valuation of Rs 2 lakh crore. The company's success is a testament to the vision and leadership of its founders and current management.
Frequently Asked Questions
When was DLF founded?
1946
Who founded DLF?
Chaudhary Raghavendra Singh
What is the current market valuation of DLF?
Rs 2 lakh crore
Who is the current head of DLF?
Rajiv Singh
What was Rajiv Singh's salary for the fiscal year 2023-2024?
Rs 27.30 crore
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