Cheap homes built using Nano technology

In August, Tata Housing India plans to sell its Mumbai-based Nano technology for $ 720 a unit, built in a week but can be used for 20 years.

The low-cost housing project to replace the slums is called Shubh Griha . The Nano apartments are made from coconut fiber and jute fiber, being tested in West Bengal. Each apartment has an area of about 30 m2, with solar panel for roof and patio.

Model of Nano Apartments in India. (Photo: Tata)

According to Tata Housing, the low-cost Nano condo project is rooted in the idea of supporting low-income people away from home to make a living in big cities. There is a large proportion of migrant populations who are hired and these people need housing while their finances are limited.

The company hopes to sell houses to low-income people or to serve the residential planning project for millions of homeless people in the Indian government. The goal of this campaign is to remove the slums.

Tata Housing, a subsidiary of India's Tata Group, has been buzzing with the introduction of low-cost Nano cars. After that success, the group is looking to invest in housing for low-income people.