Tata Group, the company behind the ‘world’s cheapest car’ the Tata Nano, has announced the development of its latest product: the ‘Nano’ flatpack house. Yes, Tata is now looking to claim the title of offering the world’s cheapest house on the market.
Dubbed the Nano house, the flatpack dwelling comes with pre-fabricated materials, including doors and windows, for a house of around 20 square metres in size. Materials consist of coconut or jute cladding complete with interior layouts. The proposed price of the ready-to-assemble kit is said to be just $US700 (around AU$660).
Tata is also developing a larger 30 square metre home with optional extras, such as a front verandah and a solar energy system. Head of the house project at Tata, Sumitesh Das, recently said at the announcement,
“We have already prepared two to three different designs based on discussions with users and are gathering more feedback. Hopefully, in the next six to eight months we should be able to roll it out in the market nationally.”
Tata says the homes will be sold to those living in village areas and could also be sold to councils in bulk that are looking to build up areas. Mr Das also said the company was bouncing ideas off local councils to develop the most suitable style homes.
The houses are said to have a life expectancy of around 20 years.