BPTP Capital City, Sector 94 Noida, Signs Lease with Taiwan's MediaTek for New R&D Facility
MediaTek Establishes Second India R&D Hub at BPTP Capital City, Noida
BPTP Limited has leased office space at its Grade-A commercial development, Capital City in Sector 94, Noida, to Taiwan-based semiconductor company MediaTek for its new research and development hub. Spread across approximately 104,000 sq. ft. across three floors, the facility supports MediaTek's expanding R&D operations in India.
Operational Status and Market Significance
The centre has recently become operational and marks MediaTek's second R&D hub in the country, after Bengaluru, further reinforcing Noida's growing stature as a preferred destination for global technology and innovation-led companies. The transaction value is estimated at approximately Rs.144 crore over the contemplated tenure, subject to contractual terms and customary escalations.
MediaTek has been a player in India since 2004, with R&D centres in Noida and Bengaluru with a combined team of over 1,000 engineers. The new Noida facility strengthens this engineering footprint as the company continues efforts to expand its talent base and strengthen research capabilities.
Capital City's Strategic Position and Amenities
Strategically located with seamless connectivity to Delhi, Noida, and Greater Noida, BPTP Capital City is situated around 300 metres from the Okhla Bird Sanctuary Metro Station, offering strong accessibility for corporate occupiers. The development offers approximately 780,000 sq. ft. of office and mixed-use space, featuring modern infrastructure, including multi-level parking, vertical mobility systems, and a range of occupier amenities such as food courts, wellness facilities, and co-working spaces.
The development has been designed in line with global sustainability benchmarks and has secured LEED v4.1 O&M Platinum, IGBC Platinum, and WELL Core Platinum certifications. The project's architectural design has been undertaken by Robert A. M. Stern, with interiors designed by HBA Studios.
Tenant Profile and Market Dynamics
The addition of MediaTek further strengthens the tenant mix at Capital City, which already houses companies across sectors including technology, financial services, manufacturing, and education. The lease underscores broader interest from multinational technology firms in Grade-A commercial assets in the National Capital Region that combine modern infrastructure with robust transit connectivity.
About BPTP Limited
BPTP Limited is a real estate developer with over two decades of operations in the Delhi-NCR region. The company has delivered numerous residential and commercial projects across multiple locations in NCR, including residential group housing, plotted developments, commercial developments and integrated townships.