Housejoy Partners with Tata Steel Nest-In for Modular Housing
Bengaluru headquartered Housejoy has announced its tie up with Tata Steel Nest-In for providing their Nestudio concept pre fabricated modular housing solution in Bengaluru. Under the partnership, Housejoy will enable in building steel-intensive modular homes in Bengaluru with Tata Steel's prefabricated construction solutions. Under the partnership, houses will be constructed under the brand name of Tata Steel Nest-In. Housejoy will be the point of contact for customers from enquiry to handover of the project. Nest-In will support with initial design development, manufacturing of steel components and panels, and supply chain management.
Nestudio is a designer grade, modular home extension solution from the house of Tata Steel. It combines the construction convenience of prefab homes with the design elements of a carefully planned brick-and-mortar home. The construction is three-times quicker than a traditional brick-and-mortar housing and can be completed in just six weeks. The houses are also 15 times lighter; resistant to weather and seismic disturbances; and can be dismantled and relocated
The Nestudio technology has been proven and has been widely used in the Delhi NCR region.
Housejoy has so far raised investment to the tune of USD 30.2 million from investors such as Amazon, Matrix Partners, Vertex Ventures, Qualcomm, and Ru-Net Technology Partners. It has completed 200+ projects in renovation and have plans to complete 200+ construction projects within the year.