Tatas to build world's cheapest home for Euro 500
timesofindia.indiatimes.com
Tatas to build world's cheapest home for Euro 500
1–10 of 49 posts
Re: Tatas to build world's cheapest home for Euro 500
#2And so it starts. A decade or two after opening up the economy, Indian companies have started moving up the value chain, creating solutions to local problems instead of mindlessly building things designed elsewhere. Great to see this happen in my lifetime.
Re: Tatas to build world's cheapest home for Euro 500
#3The Tata group is probably the only major group in India which prides itself in hardcore engineering. Think of them like the "Google" of India.
Kudos to them for tackling India's problems.
Re: Tatas to build world's cheapest home for Euro 500
#4A search for "Euro 500 house" on G.Images returns a bunch of stock photo images of 3 actual 500 Euro notes bent into a house. Something weird (good weird) about realising the same amount of money could potentially house 3 families.
As a side note, does anyone have links to images of what the completed homes look like?
Re: Tatas to build world's cheapest home for Euro 500
#5Seems like this could have significant positive consequences in many regions. Good on them. I don't know how the land would work for many of these homes but I take it India's not as onerous as most of Europe where the price of the land and permissions to build is usually far higher than the cost of the house itself..
Re: Tatas to build world's cheapest home for Euro 500
#6[deleted]
Re: Tatas to build world's cheapest home for Euro 500
#7Seems like this could have significant positive consequences in many regions. Good on them. I don't know how the land would work for many of these homes but I take it India's not as onerous as most of Europe where the price of the land and permissions to build is usually far higher than the cost of the house itself..
Actually its very oddly distributed in India. Being all economy centered in cities, it depends where land is located. Land is very cheap in rural areas but highest valued in cities like mumbai, delhi. In fact land in mumbai has become most expensive in the world now a days.
Re: Tatas to build world's cheapest home for Euro 500
#8Off topic: I was part of an interesting contest to design a home for $300. http://www.300house.com/blog/2011/06/300-house-open-design-c...
In the end, it behaved as you might expect. The rank changed rapidly in the last hours as people motivated their social networks. Also, designs with the prettiest pictures dominated and several were hopelessly over budget.
On the other hand, there were a number of really interesting designs. It's worthwhile to read through the submissions if you are interested in inexpensive housing.
Re: Tatas to build world's cheapest home for Euro 500
#9Seems like this could have significant positive consequences in many regions. Good on them. I don't know how the land would work for many of these homes but I take it India's not as onerous as most of Europe where the price of the land and permissions to build is usually far higher than the cost of the house itself..
Though I appreciate their efforts on this(this is the same company who did the nano), it would be interesting to see their solutions for the hot climate in India.
A mobile home could be built within that cost in India, lets say like a trailer in the US, but I wonder if anyone can live inside a pressure cooker in the hot climate. The air-conditioning alone would cost a significant amount, not to mention electricity, while a mud hut provides a better solution for the extreme hot climate. Though if it is successful, would change the landscape.
Re: Tatas to build world's cheapest home for Euro 500
#10And so it starts. A decade or two after opening up the economy, Indian companies have started moving up the value chain, creating solutions to local problems instead of mindlessly building things designed elsewhere. Great to see this happen in my lifetime.
Tata seems to relish creating products for the bottom of the pyramid that no other corporation will touch. What they are doing reaffirms my faith in capitalism.