Industrial technology major Ingersoll Rand is working on a new “Nano-like” concept for houses that will be small, affordable and sustainable, according to the company’s Chairman and President, Venkatesh Valluri.

“We are building houses where the convergence concept comes to fruition. We should be able to demonstrate the use-sustainable technologies for energy, IT, light, water and sanitation,” he said, adding that the ‘sustainable habitat’ initiative was underway at the company’s Bangalore campus.

The 250 sq ft homes that will be designed for five different climatic zones will typically be priced at Rs 2 lakh each. The company hopes to unveil it for public viewing within a year. Each single-floor dwelling will have multiple technologies embedded in it. Some of these could be use of cloud computing for knowledge needs, use of solar or biomass for energy.

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