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After Rs 1-lakh people’s car Nano, the Tatas on Wednesday unveiled a low-cost realty project which offers a house for less than Rs 4 Lakhs. Tata Housing, the real estate development arm of the Tatas, will build one-room-kitchen flats for just Rs 3.91 lakh in a township being developed at Boisar, 100 km from Mumbai. [...]

Booking for the Nano which opened on April 9, will close on April 25. Tata can allow only 1lakh cars for the booking slot. Remaining bookings will be have to wait for the next two years to get their money back. But, they will give 8.5% interest on the amount which many banks don’t offer [...]