Tata announces world’s cheapest (flatpack) house

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). Read more...