Getting a low-cost and well-furnished space is a very hectic process in cities like Banglore where the demand for such homes is very high. A new startup named Square Plums is working on converting shipping containers into homes. After getting completely ready the containers are sent to install on the site of the property owners.
A new demo unit has been launched by Square Plums recently and it looks very beautiful and strong too.
These container homes can be made in just two weeks which can save a lot of time as compared to traditional homes which take around 18 months to 3 years. Different parts of the container will be welded, fabricated and designed in different factories. This concept is already being used in countries like Dubai and Hong Kong but in a country like India where the temperature rises very high in summer, the whole process needs to done very carefully.
The co-founder of this amazing startup explained its cost-effectiveness and said “A typical 3-bedroom apartment in Bangalore goes for close to Rs 30,000 (depending on the location), and the market price for many homes listed with us also come up to the same amount. Instead of selling the whole apartment as one unit, we fractionalize it and sell it either as six beds or three rooms. Now, six people will bring in about Rs 9,000 (a bed) on an average, bringing the total payment a month to Rs 54,000. Profits thereafter is shared between Square Plums and the landlords.”
This idea can really solve the problem of getting well designed and furnished homes in quick time. It is currently available in Banglore but looking at the response the company co-founders are planning soon to onboard more properties in cities like Chennai, Pune, Hyderabad, Mumbai, and Delhi-NCR.
