India

22-July-2011

After the one-lac-rupee car, the Tata Group aiming to the rural market is now planning to launch realistically priced Nano houses that will cost only Rs 32000 said to be completed by the end of 2012.”It’s an instant fit point built-in 7 days. Significantly you should have a land. Pricing will based on a 20 sq meter area with a flat root which comes for around 500 Euros. There is an advanced model under the Indira awaas yojna, which covers an area of 30 sq meters comes for 700 Euros,” An Authority of Tata steel industry said.The residence will made in a ‘prefab’, design, under which roof made stuff like doors, windows, etc will be there, and the facilities that the company will give can be increased or assembled. Das told the press conference that, “there are other models which might come with a solar panel on the roof of the house”.

According to the Census (in 2001) the shortage outline of rural housing in India places at 1.48 crore and the state may prove to be a big turn over prize for the Tatas.While giving project details, Das said they will get the response from all the stakeholders like producers, contractors and several Panchayats by the end of this year.

“In the first lead project, we notice the people’s interest in verandah which we have included, despite the fact that it was not present before, we thought adding a verandah will increase the price. We need the response from Panchayats, especially last clientele,” he added.On reply to a query about the challenges that the project might face Das said, “Mostly it may face the supply chain administration due to scarcity of construction of panels”. The durable of the house will be 20 years at this level and may extend as the analysis goes on, he added.