Tata to build the worlds cheapest house – for US$715

There is absolutely no doubt that the human condition thrives on challenge. Fresh from creating the world’s cheapest car, the US$2500 Tata Nano, Tata Corporation is now intending to create the world’s cheapest house.

The flat-roofed 20 sq meter house will cost $715, can be built in a week and came about from an aim to deliver a viable package for beneficiaries of the Indira Awaas Yojana shelter rehabilitation scheme in Tata’s native India. The scheme provides Rs 40,000 per house for people below the poverty line, scheduled castes and tribes, freed bonded laborers and ex-servicemen.

If Tata can hit its targets, the scheme will bring much greater access to shelter for millions of Indians. India is world’s second most populous nation with 1.21 billion people and it is growing at such a rate that it is expected to pass China by 2030. It has already surpassed China for the number of people who live in poverty (800 million people).

Utility can be inexpensive – no doubt. And kudos to Tata for trying on the project. Not exactly a corporate profit center.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.