Meet man who leads Rs 1,18,000 crore company, he's one of India's richest real estate tycoons

Rajiv Singh is the chairman of DLF, the commercial real estate development company based in Delhi. He is one of the richest real estate tycoons. He is the only son of real estate king Kushal Pal Singh who headed DLF till 2020. He handed over the charge to his son in 2020. 

The company was founded by Chaudhary Raghvendra Singh in 1946. Rajiv has more than 35 years of experience in real estate. He plays a major role in DLF as the chairman of the company. His leadership has helped the company build a resilient business. Rajiv holds a degree in mechanical engineering from Massachusetts Institute of Technology (MIT), US. Singh has a massive wealth of Rs 59,030 crore, GROHE-HURUN India reported earlier this year.

DLF has a market capitalisation of Rs 1,18,000 crore as of August 25, 2023. The share price of the real estate company was Rs 474.75 on Friday. The company was once the sponsor of the Indian Premier League (IPL) as well. 

Singh has set new benchmarks in housing, infrastructure, and urban development in India and is widely recognised for his contribution to the economic development of Haryana. In December 2005. Singh was awarded The Udyog Ratna Award for Valuable Contributions to Economic Development of Haryana.

DLF will launch two luxury housing projects worth Rs 15,000 crore in Gurugram. These projects will be launched during the second half of this financial year amid strong demand for premium homes, its Managing Director (MD) Ashok Kumar Tyagi said.

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