Kushal Pal Singh
Overview
- Source of Wealth
- Real estate
- Industry
- Real Estate
- Residence
- London
- Education
- Delhi University (Bachelor of Arts/Science)
- Marital Status
- Widowed
- Children
- 3
Assets
- DLF1,833,636,000 shares @ --532868-IN
Biography
Property baron Kushal Pal Singh left an army posting in 1961 to join DLF, a company started by his father-in-law in 1946.
Singh later built DLF City in Gurgaon, his showpiece township on the outskirts of Delhi, by acquiring land from farmers.
Today, Delhi-headquartered DLF, run by his son Rajiv as chairman, is India's biggest listed property firm by market cap.
In 2017, Singh sold his one-third stake in DLF's rental arm to GIC, Singapore's sovereign wealth fund, for $1.9 billion.
Singh stepped down as chairman after more than five decades in that position, in 2020. He's now chairman emeritus of DLF and lives mostly between London and Dubai.
About
Singh is passionate about golf and collecting art.
Some of Delhi's most coveted residential enclaves were built by DLF in the 1950s.
In 2023, he sold DLF shares worth $88 million, using a chunk of the proceeds to set up a charitable foundation.
In November 2024, he released his book, "Why the Heck Not?: Blueprints for Success from the Man Who Built DLF."
Its uber luxurious, 17-acre residential community, DLF The Dahlias, features 10,000 square feet apartments upwards of $8 million.