Dr. Kushal Pal Singh, popularly known as K. P. Singh, is the Chairman of the Board of DLF Limited, India's largest real estate company with a pan India presence in over 24 Cities across 15 States. Dr. Singh is widely recognized across the world for his path-breaking and visionary contributions to the building of modern India through his pioneering role as a real estate developer and corporate leader who has transformed the urban landscape of the country by setting new standards in the housing and urban development scenario and creating world class infrastructure to attract unprecedented levels of foreign and domestic investment inflows, generating new employment opportunities and changing lifestyles.
Born on August 15, 1931, Dr. K.P. Singh pursued Aeronautical Engineering in UK, after graduating in Science and was subsequently selected to the Indian Army by British Officers Services Selection Board, UK and thereafter commissioned into a renowned cavalry regiment of the Indian Army. In 1960, he joined American Universal Electric Company and soon after its merger with DLF Universal Limited in 1979, he took over as the Managing Director.
In the early Eighties, Dr. K. P. Singh took it upon himself to spearhead a total transformation in the Housing and Urban Development scenario in the country. Visualizing that only the collaborative efforts of both the public and private sectors could achieve the goal of creating cities of the future with adequate housing and urban infrastructure to meet the needs of future generations, he worked towards bringing to an end the era of State monopoly and opening the doors for professional private developers to play a major role in building onsite infrastructure for homes, offices and entertainment and retail complexes. He was one of the pioneers of the concept of Public-Private Partnership in the urban development sector, with the private sector involved in creating on-site infrastructure and the public sector responsible for providing off-site infrastructure, the funding for which was mobilized from the property-owners and paid to the Government.
His visionary efforts were crowned with success, through the innovative Gurgaon satellite city project, which is today the single-most important and influential urban development model in Independent India that is being replicated elsewhere in the country.
Dr. Singh is also widely credited with conceptualizing a unique and innovative model for acquisition of land from the farmers by involving the farming community as ‘Partners in Progress’ in Housing and Urban Development. He has been a firm believer in corporate intervention in the social sector encompassing CSR and philanthropic activities like improvements in the living standards of construction workers, and providing basic education and healthcare facilities in adopted villages in and around DLF townships.
Dr. K.P. Singh has pioneered a national movement for Self-Regulation and Ethics in the Indian Housing and Real Estate Industry that has blossomed into National Real Estate Development Council (NAREDCO) - the apex autonomous self regulatory body of Public and Private Sectors, functioning under the patronage of the Ministry of Housing and Urban Poverty Alleviation, Government of India, with State Real Estate Development Councils (State-REDCOs) being established in various States of the country.
One of Dr. K. P. Singh’s most outstanding contributions to the Indian economy has been his historic pioneering role in creating world-class infrastructure to attract foreign direct investment (FDI) and also to facilitate the advent of the business process outsourcing (BPO) phenomenon.
Dr. K. P. Singh is the recipient of numerous awards and honours. The most prestigious of which is the Padma Bhushan award, conferred to him by the Government of India on 26th January 2010. He has also been conferred honorary doctorate degree by the G. B. Pant Agriculture University and has been honoured by several well-known universities and educational institutions in India and abroad, including the Indian Business School, Indian Institute of Management and Indian Institute of Technology. He is the recipient of the Delhi Ratna Award by the Government of Delhi for his valuable contribution towards the development of Delhi. He has been awarded with the Samman Patra Award for being one of the top tax payers of Delhi region in fiscal 2000 by the Government of India. In 2008, Forbes magazine ranked Dr. Singh as the richest real estate baron and the eighth richest person in the world, at a net worth of US$30 billion. NDTV, a well known media house, conferred him with a Special Award at the Indian of the Year Award function held in January 2008.