Page 26 - Weaver Magazine | Volume 17 - January 2023

Success Story

DLF chairman Rajiv Singh richest

real estate entrepreneur in India

Mr. Rajiv Singh is taking India’s leading real estate Mr.Rajiv Singh, Chairman of the
company Delhi Land and Finance (DLF). DLF Ltd. is company, DLF Limited, was born on 8th
the largest real estate developer in India, with May,1959. He is a graduate from
around 73 years of business experience in the realty Massachusetts Institute of Technology,
sector. Mr. Singh has over 35 years of professional USA and holds a degree in Mechanical
experience. He directs the strategy and oversees the Engineering. He possesses more than
operations of residential, commercial, retail, three decades professional experience.
infrastructure, hotels and SEZ business lines of the He spearheads the Company’s strategic
company. “The Udyog Ratna Award” for “Valuable implementation. He provides an,
Contributions to Economic Development of oversight and guidance in corporate
Haryana”, was awarded to Mr. Singh in December, structuring in relation to major
2005. As per recent report of November, 2022, the investments and allied matters. Rajiv’s
richest real estate tycoon in India, Rajiv Singh has a wife Kavita became advisor to DLF
net worth of INR 61,220 crore. Current Chairman of Commercial Developers Ltd. She was also
DLF, who was previously part of board of directors, appointed advisor to DLF Universal Ltd.,
saw an increase in wealth by 68 percent in the last with a retainer of Rs 250,000 per month
one year, according to GROHE Hurun report 2022. and other benefits. Rajiv and Kavita have
two daughters, Savitri Devi Singh and
After making successful forays into insurance, Anushka Singh. Both of them also work
hospitality and retail, the company, which Singh now for the company.
runs as Chairman and heir apparent to DLF
Chairman Mr. K.P. Singh, has bagged Indian Premier On June 4, 2020, Mr.Rajiv Singh was
League (IPL) title sponsorship rights. By associating appointed new Chairman of DLF,
DLF with cricket, the biggest passion in the country, replacing Mr.K.P.Singh and it was
Mr. Singh intends to make it a popular brand with decided that the latter will continue in a
high recall. Mr. Rajiv Singh’s father, Mr. Kushal Pal non-executive role as Chairman
Singh has often been on the list of real estate Emeritus. Mr.K.P.Singh, Non-Executive
tycoons in India. Mr. K.P. Singh has also been Director was at the helm of the affairs for
conferred the Padma Bhushan, one of the highest about five decades.
civilian awards in the country.
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