Homes for $700 available?

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An Indian company has created a prefab kit for a 215-square-metre flat house that will cost $700 USD and last 20 years. The kit will be marketed to private buyers and state governments for mass housing projects.

It is expected that there will be homes available for $700 US Dollars (USD) in India. An Indian manufacturing company has created a 215-square-metre flat house in a prefab kit that includes a roof, windows and doors, with a coir or jute interior. The kit is estimated to be assembled within a week and to last 20 years. The $20 home will be marketed primarily to private buyers who already own parcels of land on which to assemble houses, as well as to state governments planning mass housing for India’s large population.

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