The commercial property in Noida market is witnessing rapid growth, and Taiwan-based semiconductor company MediaTek has now further strengthened its presence in the region. The company has leased approximately 1.04 lakh square feet of office space at BPTP Capital City, located in Sector 94. This deal is reported to be valued at around 144 Crore Rs. and has been finalized for a tenure of 10 years.
This new setup by MediaTek will serve as the company’s second research and development centre in India. According to the company, this facility will help to expand its talent base and further enhance its research capabilities. Experts believe that such investments show rapid growth in the demand for office space in Noida.
BPTP Capital City is regarded as a premium commercial project in Noida, featuring modern infrastructure and high- end office facilities. This project comprises approximately 7.80 lakh square feet of developed mixed- use and office space. Its architectural design was crafted by the renowned architect Robert A.M. Stern, while the interiors were designed by HBA Studio.
MediaTek is a globally known company in smartphone chipsets and wireless communication technology. The company’s focus on the Indian market is continuously rising, particularly within the semiconductor research and innovation sectors. Noida and the NCR region are now recognized as a strong business destination for technology companies. Many global firms are opting for commercial properties in Noida and premium office spaces in Noida. According to industry experts, projects likely to be BPTP Capital City have the potential to attract even greater Corporate investment in the future.
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