BPTP Capital City Leases 0.104 Million Sq Ft To MediaTek

BPTP Limited has leased approximately 0.104 million square feet (0.104 mn sq ft) of office space across three floors at its Grade-A development Capital City in Sector 94, Noida, to Taiwan-based semiconductor company MediaTek for a research and development hub. The centre is operational and represents MediaTek’s second R&D hub in India after Bengaluru. Capital City is situated approximately 300 metres from the Okhla Bird Sanctuary Metro Station and benefits from strong connectivity to the National Capital Region.

The development holds LEED v4.1 O&M Platinum certification, IGBC Platinum certification and WELL Core Platinum certification. Its architectural design is by Robert A.M. Stern and the interiors were completed by HBA Studios. The building features a limestone façade and has been developed to meet modern sustainability and wellness benchmarks.

Capital City offers approximately 0.78 million square feet (0.78 mn sq ft) of office and mixed-use space with multi-level parking, vertical mobility systems, food courts, wellness facilities and co-working spaces. The scheme incorporates flexible floor plates and infrastructure designed to support research, product development and corporate operations. Tenant sectors at the development include technology, financial services, manufacturing and education.

Manik Malik, chief executive officer and president of BPTP, said the MediaTek leasing reflected increasing interest from global technology companies in well connected, high quality commercial developments in the National Capital Region and that Capital City was positioned to support evolving workspace requirements of leading corporates. A MediaTek spokesperson said India continued to be a key market for the company’s innovation and engineering capabilities and that the Noida facility was aligned with efforts to expand the talent base and strengthen research capabilities. The spokesperson added that the location and infrastructure at Capital City supported operational requirements and provided a conducive environment for teams.

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