Economical House

In this world human beings need three things as basic and prime necessities to live life which are food, cloth and house other then these three rest are secondary and if they are not any one’s part of life it hardly matter’s and one can live life without them also, but being part of today’s world where life is becoming very tough and costly as inflation is touching new heights comparing with past time which is making huge dents in the budget of common people’s livelihood and from their side they have to always keep on checking their spending in the circle of as per their earnings as they not often gets jump in their earning as per inflation resulting their basic and prime need loose it’s share from their income and making their necessities a dream especially owing a house.
Tata Group which has interest and presence in diversify areas and The Tata Group of Companies is one of the premier business conglomerate of India based in Mumbai and was founded by Mr. Jamsetji Tata. The group is one of the most respected business house of India. Its main business activity covers seven sectors viz, engineering, materials, energy, chemicals, services, consumer products, Information systems and communications, The Tata family of companies is headed by Mr. Ratan Tata is the Chairman of the Tata group. The group has been awarded with a number of accolades and awards for excellent performance in all sectors. Tata Group is the largest private corporate group in India and has been recognized as one of the most respected companies in the world over the years, It has interests in steel, automobiles, information technology, communication, power, tea and hotels. The Tata Group has operations in more than 85 countries across six continents and its companies export products and services to 80 nations. The Tata Group comprises 114 companies and subsidiaries in seven business sectors, 27 of which are publicly listed. 65.8% of the ownership of Tata Group is held in charitable trusts. Companies which form a major part of the group include Tata Steel, Corus Steel, Tata Motors, Tata Consultancy Services, Tata Technologies, Tata Tea, Titan Industries, Tata Power, Tata Communications, Tata Teleservices, Tata AutoComp Systems Limited and the Taj Hotels.
After getting respect worldwide when it launches world’s cheapest car Nano which is yet to run on Indian road, just recently in India Tata close down booking of Nano and it was overwhelmingly welcomed by Indian citizen moreover Tata Group’s motto behind concept of this car is for the Indian family to switch from two wheelers to four wheelers at an affordable price and they was successful in their target.
Now Tata Sons have just yesterday announced to come up with another project for the masses or low income group in Housing sector who wishes to have his own flat in world’s one of the very very costly city Mumbai at price of approximately four lakhs with one room and kitchen and this township will be construct 100 k.m.s from Mumbai which seems right now a dream or a jokes as at such price one even can’t think to buy land in Mumbai. Tata Groups real estate business arm Tata Housing will build one kitchen and one room flat at previously mentioned price.Tata Housing Managing Director Mr.B.Benerjee have said while revealing detail to Indian public through media that they have plan to complete this project in twenty four months and after completion flat will be allotted through lottery process. He added that during current financial year this project will commence in National Capital Region (NCR) and in Bangalore also with name ‘Shubh Greh’ ,latter on Calcutta and Chennai will be next cities under this project then it will spread to Tier-1 and Tier-2 Cities of India. They believe that most of low income peoples for their livelihood live far away from their houses’ in big cities and almost 48 percentage are as such who live in rented places, no doubt lot of are entitled for this facility by companies, Tata Group is worried and sensitive for such persons, bit big flats also included in this project at some higher prices and approximately will be in the range of six to seven lakhs.
So it’s good news for the persons who are working away from their houses’ and living in rented places, sometime they face lot of problem to hire flats because of stiff terms imposed by the landlord or offering tenant at very high price.Tata Group is coming with plan and project for masses at very affordable prices which is ofcourse boon for needy, and other corporate/builder/colonizer should also join Tata Group by coming up with affordable lucrative offers.