K. P. Singh

Kushal Pal Singh ( or K.P.Singh as he is popularly known as) was born on August 15, 1931, at Bulandshahar in Uttar Pradesh, Today he presides over the DLF group , India’s largest real estate developer with an estimated land bank of 10,255 acres (42 km²) with about 3,000 acres (12 km²) being in prime city locations such as Delhi NCR, Chandigarh and Kolkatta.

Life

Mr. K. P. Singh, age 76 years is at the helm of DLF. He comes from a family of successful landlords and lawyers. Mr.Singh, a Science graduate from Meerut College is an alumnus of the prestigious IMA, Dehradun. He served for 9 years in The Deccan Horse - a renowned Cavalary regiment of the Indian Army. He left the Indian Army in 1960 to join a family joint venture. Subsequently, he promoted another company, Willard India, for manufacturing industrial batteries in India. In 1961, he joined his father-in-law Chaudhary Raghvendra Singh’s realty business, Delhi Land and Finance. The late Raghvender Singh was no lesser a real estate stalwart having developed 22 colonies in Delhi; South Extension, Greater Kailash and Hauz Khas being the more prominent ones. Following the 1957 Delhi Development Act which made land development a state monopoly; DLF had started to lose steam. Mr.Singh moved to Gurgaon which he saw because of its close proximity to Delhi emerging as a potential satellite city and almost single-handedly, converted a rural settlement into the magnificent 10 miles (16 km) wide DLF City, which today stands tall as Asia’s largest private township.

Wealth

The net worth of Mr.Singh , who holds with his immediate family; 87.43 per cent of the equity of DLF's listed entity at the time of DLF going public was US $21 Billion.His net worth has soared thanks to the booming share price of DLF on Indian charts and as of 6th October 2007, his net worth was calculated at US $32.9 billion..

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