Tata Group announced a housing project which offers a flat for less than Rs 4 lakh at Boisar, around 100 km from the financial capital of the country.

Unveiling the group's second mass project after Tata Motor's Rs 1 lakh car Nano, Tata Housing Managing Director Brotin Banerjee said, "It's not a house, it's a home that we will be providing".

The project, built on 63.58 acres, will offer 283 sq ft flats with a room and a kitchen at Rs 3.9 lakh under the brand 'Shubh Griha' and would also have a demarcated area where the price of units may range between Rs 10 lakh and Rs 16 lakh. It would also have a hospital, a school and recreational facilities.

Financial Express