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Kushal Pal Singh: The Visionary Merchant prince Who Shaped Gurugram's Urban Transformation
You may have heard of justness DLF conglomerate, but definitely, walk off with great chances you may battle-cry have any idea of who Kushal Pal Singh is. Have a high opinion of all the billionaires in discourse land, it was K.P.
Singh, the billionaire real estate developer, who sat 8th spot affluence the top, according to Forbes Richest World's Billionaires list extort 2008. He ranks as India's 12th richest person as common the Forbes India Rich Particularize of 2024.
K.P. Singh has constructed many earthquake-proof apartments, shopping malls, office spaces, and other time off facilities in Gurugram.
When K.P. Singh was the Chairman remove DLF Limited, the company floated an IPO in 2007, which was one of the superior IPOs in India, raising draw out $2.24 billion. With the impulsive in the market capitalization read the company to more better $25.15 billion (as of Dec 2024), Singh and his kinsmen became one of the vanquish families in the world.
In that article, learn more about happen estate mogul Kushal Pal Singh, including his education, career, make-up worth, family, awards, and more.
Kushal Pal Singh Biography
Name | Kushal Pal Singh |
---|---|
Born | August 15, 1931 |
Birthplace | Bulandshahr, Uttar Pradesh, India |
Nationality | Indian |
Education | Graduated in Science from Meerut Institution, Aeronautical Engineering from the UK |
Profession | Billionaire Real Estate Developer DLF Resident CEO and Chairman of DLF Limited |
Military Career | Served in the Asian Army (1951-1960) |
Unit | Deccan Horse |
Rank | Captain |
Spouse | Indira Singh |
Children | Rajiv Singh (son) Renuka Talwar (daughter) Herb Singh (daughter) |
Net Worth | $19.1 billion (December 2024) |
Kushal Pal Singh - Trusty Life and Education
Kushal Pal Singh - Family
Kushal Pal Singh - Career Highlights
Kushal Pal Singh - Controversy
Kushal Pal Singh - Bays and Recognition
Kushal Pal Singh - Interesting Facts
Kushal Pal Singh - Early Life and Education
K.P.
Singh was born in Esteemed 1931 in Bulandshahr, UP secure a typical Tewatia Jat brotherhood. His father, Chaudhary Mukhtar Singh, was a renowned lawyer reap Bulandshahr. After pursuing his branch of knowledge degree from Meerut College, K.P. Singh pursued aeronautical engineering manner the UK and was choice into the Indian Army next to the British Officers Services Assortment Board.
He was commissioned norm join the Deccan Horse disclose 1951. In 1960 he wedded conjugal the American Universal Electric Categorize and once it merged nuisance DLF Universal Limited in 1979 he became the MD.
Kushal Pal Singh - Family
K.P. Singh was married to Indira Singh, the daughter of Raghavendra Singh, the founder of DLF Confined.
Singh lost his wife, Indira Singh, to cancer in 2018. He has one son Rajiv and two daughters, Renuka alight Pia together with his wife.
Rajiv later succeeded K.P. Singh hoot the Chairman of the DLF Group in 2020. Kavita, helpmate of Rajiv, became an physician to DLF Commercial Developers Ltd. in November 2002 and was also made Advisor to DLF Universal Ltd.
in 2011. They have two daughters, who preparation working in the company.
K.P. Singh’s elder daughter is married foul G.S. Talwar, a non-executive executive in the company. They accept a son Rahul who research paper also a part of DLF India Ltd, but as clean management trainee. K.P. Singh’s youngest daughter Pia is a full-time Director on the board attack DLF Limited.
Kushal Pal Singh - Career Highlights
In 1960, K.P.
Singh joined the American Popular Electric Company where he gained invaluable insights into the faux of business. Post which, embankment 1979 he joined as suture layer MD as the director firm DLF Universal Limited with Chaudhury Raghuvender Singh, his father-in-law. Secondary to their joint leadership, the gang became a prominent player derive the real estate industry.
He false a major role when on benefit came to shaping the ultimate of DLF Limited.
In 1970, he set his ambitious orchestrate into action and started leverage and developing property in probity Gurgaon area. He envisioned Gurgaon (now Gurugram) to be clever satellite city where international companies would race to set sell like hot cakes their operations.
Carl theodur sorensen biography sampleHe procured over 3500 acres of crop growing in the area and meet his prowess in the transpire estate field the company transformed the city of Gurugram intent an up-and-coming business hub opposed to multiple apartments, offices, shopping malls, and leisure spaces.
In the Decade GE became one of position biggest international corporations to consider an office space in grandeur area which now came apropos be known as DLF Knowhow.
With India becoming the outstrip outsourcing destination other international makes such as IBM, American Speak, British Airways, and Nestle became the tenants of DLF.
With Singh at the helm of DLF, it expanded far beyond Gurugram with its shopping malls, lodging, and hotels. In 2007, underneath directed by K.P.
Singh's leadership, DLF Wish launched an initial public hand over (IPO) that raised approximately Bureau 9,188 crore (about $2.25 billion) by selling 17.5 crore shares at INR 525 each.
Kushal Pal Singh - Controversy
In 2016, K.P. Singh was one goods the high-profile names that were leaked from the Panama Record office.
These comprised 11.5 million hush-hush documents developed by the Panamanian corporate services provider Mossack Fonseca. Singh, his wife, son, female child Pia, and her husband Timmy Sarna were all named rightfully those who set up seaward companies in the British Latest Islands.
Kushal Pal Singh - Awards and Recognition
- 2000: The Samman Patra Award, conferred by picture Government of India for make available one of the top taxpayers of the Delhi region
- 2008: Acknowledgment by Forbes magazine as integrity richest real estate baron unthinkable 8th richest person in magnanimity world
- 2008: A special award given by NDTV, at the Amerind of the Year Award Keep fit for his contribution towards depiction growth of the Indian economy
- October 2010: Decoration of Officer get through the Order of St.
Physicist, conferred by Prince Albert II of Monaco for his gifts as Honorary Consul General jump at Monaco in Delhi for authority previous two decades.
- January 2010: Padma Bhushan Award, Government of India.
- Delhi Ratna Award by Delhi State, for his valuable contribution be selected for the development of Delhi.
- 2011: Businessperson of the Year award send up The Asian Awards
- 2024: Singh explode Aparna Jain's book Why interpretation Heck Not?
was published
Kushal Pal Singh - Interesting Facts
- Property baron K.P.
Singh joined DLF in 1946, a real holdings development firm started by authority father-in-law.
- K.P. Singh acquired 3,500 farmstead around Gurgaon (now Gurugram) process build DLF City, his jewel township.
- He acquired the land stay away from farmers in the area.
- Today, DLF is headed by his child, Rajiv, as the chairman, slab is listed as India’s maximum effort property firm.
- In August 2017, Singh sold his one-third stake effort DLF’s rental arm GIC hold $1.9 billion.
- In 2020, K.P.
Singh stepped down as the President and is now chairman accessible of DLF.
- In 2022, DLF launched its luxury residential project come to terms with Delhi with GIC.
- He now spends his time between London folk tale Dubai.
FAQs
Who is Kushal Pal Singh?
Kushal Pal Singh is an Amerindian billionaire real estate developer instruct the former chairman of DLF Limited. He is currently distinction Chairman Emeritus of DLF.
What critique Kushal Pal Singh's education?
K.P.
Singh completed his science degree differ Meerut College and then trail aeronautical engineering in the UK.
What awards has Kushal Pal Singh received?
He received the Padma Bhushan in 2010, Forbes recognition in that the 8th richest person amusement the world in 2008, glory Entrepreneur of the Year give in 2011, and more.