Whatever the odds: K.P. Singh tells his story
Whatever the odds: The incredible story behind DLF’ is a first-hand account of the journey traversed by a village lad, from the rural belts of UP all the way to the elite billionaire club.
Whatever the odds: The incredible story behind DLF’ is a first-hand account of the journey traversed by a village lad, from the rural belts of UP all the way to the elite billionaire club.
DLF’s Chairman, K.P. Singh, has been conferred the “Indian Business Leader of the Year” award by Horasis: The Global Visions Community — an independent organisation that promotes sustainable future.
Ever since the beginning of the year 2023, the real estate industry stakeholders are going gaga with the narrative of a turnaround year. It is not that such misplaced optimism has not hurt their cause in the past, but the leading voices of the sector seem to believe that a false narrative would goad the home buyers to make a beeline at the sales office. The industry narrative is hence tilted towards what could easily be vouchsafed as misplaced optimism.
Though the law of the land does not allow this kind of opaque transactions but it is an open secret in the Indian property market today. It is often done in an IPO model when the entire city knows about it. The advantage of this IPO style pre-launch for the developers is that the price point here is higher than the price point at which they offer it to the select set of investors.
Anything said on the contribution of K P Singh to the evolution of Indian real estate would be stating the obvious.
By: Pt. Naresh Sharma Aries (Mar 21 – Apr 20)…