Kushal Pal Singh

Kushal Pal Singh (born 15 August 1931) is an Indian billionaire real estate developer and retired military officer.

[6][7] His autobiography, named Whatever the Odds: The Incredible Story Behind DLF, was published in 2011; Jack Welch spoke at the launch.

[9][10] Singh has also been noted for his relationship with the Nehru-Gandhi political family, which, according to him, benefited his businesses especially during its early stages, and has also been a source of controversy during his career.

After graduating in science from Meerut College, Uttar Pradesh, he pursued aeronautical engineering in London, England.

[16] According to Singh, he was torn between settling in London with Julie or pursue a military career in India; however, after being allowed to take the Indian Military Academy entrance exam in England, and later the Indian government agreeing to pay for his journey back to India, Singh decided to join the army.

[17] The law received a backlash from people who had already invested in the urban land, including Singh, who took over a dormant DLF to attempt to secure exemptions for investors while studying the city’s limitations.

[11] Singh met Rajiv and spoke about business plans for Gurgaon and how certain laws were hindering his acquisition of land in the state.

[11] During the early growth of DLF in the 1980s, Singh had a dispute with Bansi Lal, a senior politician who had also served as the Chief Minister of Haryana.

[21][22] By the 1990s, several large foreign companies, including American Express, British Airways, IBM, and Nestle became tenants of DLF properties due to the growth in outsourcing.

[23] Singh constructed numerous earthquake-proof office buildings, apartments, shopping malls and leisure facilities in Gurgaon.

[35][9] In 2016, Mosseck Fonseca, a Panamanian corporate service provider and law firm, stated that Singh qualified as a politically exposed person (PEP).

[37] In 2014, the Securities and Exchange Board of India (SEBI) banned Singh, DLF and 6 others from accessing capital markets for a period of three years due to three violations, non-disclosure of related party transactions, non-disclosure of financial details related to subsidiaries, and inadequate disclosure of outstanding litigation during DLF's 2007 IPO process.

[40] Singh's son Rajiv, wife Indira, daughter Pia and her husband Timmy Sarna all set up offshore companies in the British Virgin Islands through Mossack Fonseca, and are named in the Panama Papers.