Meet India's only man who owns a hill station near Mumbai, owns firm worth Rs 68000 crore

Recently, the National Company Law Tribunal (NCLT) allowed Darwin Platform Infrastructure to buy India's first artificial hill station. Lavasa is located nearly 180 kilometers from Mumbai. It is near Pune and is located near the Mulshi valley of the Western Ghats. It will be built on 20000 acres of land. Ajay Harinath Singh owns the Rs 68796 crore firm that will build the hill station after paying a price of Rs 1814 crore.

He is an alumnus of Mumbai University. He is the chairman of the group. He has interests in retail, infrastructure, refineries, finance, hospitality etc. The firm is worth 8.4 billion dollars. His companies are reportedly debt free.

The firm has over 21 companies working in 11 countries. The firm was founded in 2010. They have several other contracts as well.

Ajay Harinath Singh also placed his bids for Jet Airways, Air India and the Shipping Corporation of India.

His firm also showed interest in Anil Ambani's Reliance Capital.

Singh, the promoter of Darwin, said in a statement, “The NCLT has entrusted us with a challenging task to develop an ambitious world-class smart city in the country. The verdict would reinforce our commitment to nation-building. Lavasa is now on the cusp of a remarkable resurgence. DPIL is committed to executing the plan as per the schedule proposed to the CoC. We are very eager to revitalise this ambitious project.”

He lives in Mumbai.

He is apparently the only man in India whose firm will own a hill station.