What Are Tiny Houses and Are They Legal in India?

In the past couple of years, the concept of minimalism has spread like wildfire, across multiple industries. Whether its fashion, lifestyle or home décor, this is something that many people have quickly taken a liking to, mainly because of its aesthetic appeal.

The tiny house concept is the brainchild of minimalism, and in an overcrowded country like India, it is the need of the hour. With the population on an ever-increasing rise, tiny houses can become the best solution to everyone possessing enough space to live in. Initially starting in America, this concept of living in a minimal area is now witnessing gradual acceptance. But what is it? Let’s dive deep.

Having just enough

Tiny homes are precisely what their name suggests – a small space for you to live instead of an ordinary house’s four walls. Compared to quintessential properties, these are usually 100-400 sq. ft., built to downsize the space people reside in. Since they’re mostly affordable, with prices at approximately INR 1,500/sq. ft. in India, you probably wouldn’t need a home loan.

Lesser worries

Your worries will mostly revolve around availing a good home loan EMI for a tiny house, if you require financial assistance. Since these are almost like a personal project, they don’t usually carry the burden of property documentation, approvals, and so forth.

Since the cost per square foot is relatively less, getting affordable home loan interest rates will quickly seal the deal of owning your tiny home. You can construct one yourself as well, but doing so on a smaller land parcel is often tedious. Thus, if you can get hold of the right contractor and architect, you can have yourself an aesthetic, tiny house.

Made to survive extremities

The major strong suit of tiny houses is their durability and sheer strength to withstand adversity. They usually have adequate ventilation, with the robust structural integrity of fitments and furniture, perfect for prolonged use. Be it rough handling, shifting, lifting, or moving to rigorous terrains, you can swiftly move these units via trailers, trucks, or cranes, sans any worry about them breaking apart.

Owing to its top-notch built, a tiny home also stands as weatherproof, leak-proof, earthquake-proof, and stands its ground throughout adverse climatic situations. With a long lifespan of over 25 years, they can become the future of smart living.

While they are cost-effective, the overall budget will rise depending on the facilities you include. To plan ahead, you can check online lenders who provide a home loan EMI calculator, and keep a financing option in hand. In case the expenditure crosses your spending limit, you can quickly use this tool, plan accordingly to avail the best-suited loan, and build your tiny home to your desired specifications.

Legality issues

Since this concept is still in its nascent stage, many homeowners speculate about the legal troubles of owning a tiny house. Well, there aren’t any.

Our country’s government books don’t state any particular laws that consider tiny homes illegal in India. Hence, the only worry you have is home loan eligibility, if you require financial support. Get ready to embrace the art of smarter living and invest in your tiny house now.