Our facilities are strategically situated near key transportation hubs, offering exceptional connectivity by road, rail, air, and seaports.
We leverage cutting-edge technology and solutions to streamline every stage of development, from research to operations, ensuring maximum efficiency.
We offer an ideal platform through a strong network and flexible solutions to help clients reach across India and around the world.
An ideal combination of local knowledge and execution capabilities offering deep insights into the logistics industry.
Firstspace Development Management Pvt Ltd (FDMPL) is a fastest growing development management company, working across various locations in India.
Firstspace Development Management Pvt ltd was established on 09 March 2020 under the leadership Aloke Bhuniya. Headquartered at First Floor, Wokhardt Towers, West Wing, Ground Floor, G Block, Bandra Kurla Complex Maharashtra 400051, the company provides an ideal combination of local knowledge and execution capabilities, combined with international best practices and governance standards, offering best-in-class solutions for customers.
FDMPL excel at delivering development related and facility operations services with modern technology and timely delivering projects to their customers. The company takes up end to end turn key projects and specialized in Civil, PEB, MEP, landscaping and other construction related works. FDMPL is committed to quality, safety and on time delivery of projects.
Predominantly working for Ascendas Firstspace Development Management Pvt Ltd, a joint venture between Capitaland and Firstspace Realty, being the primary customer, FDMPL has delivered, more that 6.8 Million Sqft of projects till now across India, about 7.22 Million sqft under construction and 4.03 million sqft of Industrial and Logistics Park as future pipeline.
The senior management of FDMPL along with the dedicated team works everyday to achieve short and long-term objectives of the organization. FDMPL not only takes care of the conceptualization, design, built and construction. It is also deeply involved in end to end procurement and Facility Management function. To achieve its objective of construct and operate, it has a big team of qualified and experienced employees not only in projects, but also in Design, Procurement and Facility Management.
The USP of the Company is timely delivery of the quality projects through predefined processes.
Together, these values shape who we are, how we work, and the future we're building at FDMPL.
We are humble, inclusive, collaborative & Treat everyone the way we would like to be treated
We make ethical choices so that our stakeholders can trust us to do what is right.
We dream, innovative, push the boundaries & challenge the status quo without fear of failure.
We do think, act and perform to deliver on a promise.
FDMPL follows the Management Principles of International Standard, which is based on ISO 9000.
The primary focus of quality management is to meet customer requirements and to strive to exceed customer expectations.
Leaders at all levels establish unity of purpose and direction and create conditions in which people are engaged in achieving the organization's quality objectives.
Competent, empowered and engaged people at all levels throughout the organization are essential to enhance its capability to create and deliver value.
Consistent and predictable results are achieved more effectively and efficiently when activities are understood and managed as interrelated processes that function as a coherent system.
We have an ongoing focus on improvement to maintain current levels of performance, react to changes and create new opportunities.
Our decisions are based on the analysis and evaluation of data and information to produce desired results.
For sustained success, we manage our relationships with interested parties, such as suppliers and partners.
India's warehousing sector is experiencing significant growth, fueled by the rapid expansion of e-commerce and the increasing demand for third-party logistics (3PL) services.
The exponential growth in online shopping has led to a significant increase in the demand for efficient storage and distribution, requiring more modern and strategically placed warehouses.
E-commerce businesses rely on 3PL providers for their expertise in managing logistics, accessing state-of-the-art facilities, and handling the complexities of order fulfillment, further driving demand for warehousing space.
Policies like the National Logistics Policy and the implementation of Goods and Services Tax (GST) have simplified trade, reduced logistics costs, and created a more conducive environment for the warehousing sector to thrive.
Increased manufacturing activities and government programs like 'Make in India' also contribute to the growing need for warehousing to store raw materials and finished goods.
The Indian warehousing sector is transitioning from a fragmented, traditional model to a more structured and organized segment, attracting significant private equity investment.
Warehousing is not just growing in major cities but also expanding into smaller towns, which are emerging as critical logistics hubs.
Director, Firstspace Development Management Pvt. Ltd.
Mr. Aloke Bhuniya is Director and Co‑Founder of Firstspace Development Management Pvt. Ltd. He brings over 26 years of experience in real estate investment & development, private equity, and M&A transactions across industries in India.
Previously, Aloke spent more than nine years with the Everstone Group, where he led real‑estate initiatives including IndoSpace and Everstone Capital. As Managing Director of IndoSpace Capital Advisors, he was responsible for sourcing and executing investments, monitoring developments, securing financial close, and managing project exits for industrial real estate developments.
In Everstone Capital, Aloke invested over USD 300 million equity for the development of mixed-use Real Estate projects, encompassing the development of about 12 million sq. ft. of projects involving a total capital outlay of about USD 1.0 billion. Aloke has also worked for over 6 years in Ernst & Young and SBI Capital Markets in their investment banking practice, which included fundraising, acquisitions, takeovers and divestments. He was involved in over 20 transactions across industry verticals involving domestic as well as international companies.
As the Director of FDMPL, he spearheads the company's vision of developing next-generation industrial and logistics infrastructure to power India's economic transformation.
A recognized thought leader in the industrial real estate domain, Aloke has played a pivotal role in shaping the sector's growth trajectory in India. With deep market insight, strategic foresight, and a proven track record of execution, Aloke continues to be a driving force in the evolution of India's industrial and logistics real estate landscape.
Aloke is a Graduate in Mechanical Engineering from Jadavpur University and holds a Post Graduate Diploma in Management from Indian Institute of Management Bangalore.
FDMPL is deeply committed to Corporate Social Responsibility (CSR) as a fundamental part of our business ethos. We believe that sustainable growth is achieved not only through economic success but also by contributing positively to society.
FDMPL renovated government schools to provide better learning environments for children. Our initiative included infrastructure improvements, creating vibrant and conducive spaces for education.
We distributed computers to schools to bridge the digital divide and empower students with technology access, supporting education and skill development for the future generation.
FDMPL installed solar systems in community areas, promoting renewable energy adoption and reducing carbon footprint while empowering local communities with sustainable power solutions.
Through our CSR initiatives, we focus on environmental sustainability, community development, and employee welfare, striving to reduce our carbon footprint and support education, healthcare, and skill development in local communities.
Hear from our team members about their experience working at FDMPL.
"Working at Firstspace Development Management Pvt. Ltd. has been a transformative journey for me. From day one, I've felt supported, respected, and empowered. The organization fosters a culture where every voice matters—whether you're in operations, management, or support. I've had the opportunity to lead multiple employee-driven initiatives that have improved on-ground efficiency, and this trust in employees truly sets Firstspace apart. The leadership promotes continuous learning, and I've been encouraged to upskill regularly through training programs and workshops. There's a real sense of unity and purpose here, and I'm proud to be part of a team that values both personal growth and collective progress."
"At Firstspace, I've experienced a work culture that blends professionalism with genuine human connection. As part of the Projects team, I've been given opportunities to take ownership, experiment with ideas, and learn from some of the best minds in the industry. What I truly appreciate is the mutual respect shared across departments—there's no hierarchy when it comes to ideas. The management believes in empowering employees, and I've been trusted with initiatives that have not only challenged me but also helped me grow. Whether it's project execution or innovation, Firstspace creates an environment where learning never stops and growth is constant. It's a workplace I look forward to every day."