We bought nano in March 2014 from Pandit Auto, Pune, Its really reliable car in 2.4 lacs. So many people says why Tata increase nanos price, they had promise nano will be around 1 lac. Let me tell you, Tata had done so many changes since its first version, and even now a days, 150-200 cc bike costs more than 1 lac rupees.
Ill say, dont expect luxury or sedan features from entry level hatchback car. Its a best option for your family(4-5 members) instead of riding 2 bikes, if you all are planning to go for a family function, small trip, places less than 200 km. Its good option.
Pros.
1) Obviously price
2) More spacious than alto 800, Eon.
3) CNG option is there.
4) Automatic gear box(in specific variant)
5) Power steering, power windows, powerful AC.
6) Mileage 20+ kmpl(petrol) 30+ km/kg(CNG)
Cons.
1) Lack of front disc brake which is really needed.
2) Sometimes feel that power is less at hilly road(ghat) if car is fully loaded.