Housejoy and Tata Steel join hands to provide modular housing solutions

Housejoy, a leading tech driven construction, renovation, interiors and home maintenance company catering to all home related needs of Indian consumers, has joined hands with Tata Steel Nest-In as the solutions partner for their Nestudio concept. Under the partnership, Housejoy will enable the building of steel intensive modular homes in Bengaluru with Tata Steel's prefabricated construction solutions. The prefabricated building market in India is expected to grow at a CAGR of approximately 8.5% between 2021 and 2026. The entry of prefabricated homes has paved the way for innovative and technologically advanced construction and design methods in India. 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. 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 initial design development, manufacturing (steel components and panels), and supply chain management. The company will also join the Housejoy team during project monitoring, and quality assurance and control. As an end to end service provider, Housejoy will handle various aspects under the partnership including customer visits, layout development, estimation and negotiation, marketing, erection of structures, and project monitoring. Nestudio pricing starts at Rs 2200 per sq ft. Housejoy in house team adheres to the highest quality standards with complete visibility for the customer in terms of monitoring the project while receiving continuous status updates. The team has a combined experience of over 40 years and has delivered 100 projects. Going forward, Housejoy plans to scale up its construction business in the known cities across the country, apart from Bengaluru. The brand’s overall goal is to become the largest tech enabled construction and home services platform in India. Housejoy started in 2015 and their services begin right from the approval stage till the completion and handover of a house. Their core offerings include home construction, renovation, interior design. In addition to this, Housejoy also provides 360 degree maintenance services such as home cleaning, repairs, painting, and appliance installation. Housejoy offers clients a hassle free experience of building a house and the entire process is completely managed by a qualified team of experts. Housejoy has so far raised investment to the tune of $ 30.2 million from investors such as Amazon, Matrix Partners, Vertex Ventures, Qualcomm, and Ru-Net Technology Partners. The company is working towards becoming the largest tech-enabled platform for construction and renovation in India. They have completed 200 projects in renovation and have plans to complete 200 construction projects within the year.