Tata to build the world's cheapest house - 20 square metres for US$715

The same Indian company that gave us the US$2500 Tata Nano, the world's cheapest car, is now about to give us the world's cheapest house - the 20 sq meter house will cost Rs 32,000 (EUR500 –GBP440 - US$715 ), can be built in a week and is the first viable zero-cost housing package for beneficiaries of the Indira Awaas Yojana shelter rehabilitation scheme. The scheme provides for the underprivileged and with Rs 40,000 per house provided, there's even room for some cheap land in the deal.

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