Saturday, June 06, 2009

Tata's Nano Home: Company behind world's cheapest car to sell $7,800 apartments - BusinessWeek

Tata's Nano Home: Company behind world's cheapest car to sell $7,800 apartments - BusinessWeek: "Tata, the Indian company that made worldwide headlines with its $2,000 Nano car, now plans to build 1,000 tiny apartments outside Mumbai that will sell for $7,800 to $13,400 each. The company plans to roll out low-cost projects outside other major cities."
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Thanks to Mystery Reader for updating the story (see below) about the world's cheapest car, the Nano. The maker of the Nano is planning to bring it to the US. And now the plot thickens. They also plan to build eensy weensy apartments. Obvious question: how long before they decide to build those micro-apartments here in the US? And of course one would expect them to be...condominiums.

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