New Delhi, Mar 22 : Tata Group Chairman Ratan Tata is all set to launch the world's cheapest car, Nano, on Monday.

Described as `people's car' by Ratan Tata, customers can expect to own a car at a price between Rs. 1.20 lakh and Rs. 1.30 lakh, depending on the version of Nano.

The Nano would come in three versions -- standard and two deluxe models with air conditioning.

After the launch in Mumbai, Nano would be displayed at the company's dealerships from the first week of April, while the bookings would start from the following week.

The booking amount is fixed at Rs. 70,000.

Tata Motors Ltd. moved in its ultra low-cost Nano car to Sanand in Gujarat following violent protests at Singur in West Bengal. (ANI)