Nothing will go out of your pocket but up to Rs 100,000 per month! As long as you have space.
New Delhi. If you have vacant land or an open space on the roof, you can use these empty spaces to create a valuable property. You can earn good money using these sites with very little investment. From here you can earn 10 thousand to 1 lakh rupees per month. You can do this by installing mobile towers in these places.
You can directly contact the mobile tower installation companies and get the mobile tower installed on your property. How much you get will depend on some basic factors like land size, location and risk.
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Land size
A mobile tower can be installed on 2000 square feet of vacant land. At least 500 square feet of space is required if the tower is to be installed on the roof of your building. If you want to install a mobile tower on a residential property, the building must have a structural safety certificate. Additionally, ensure that the tower is not within 100 meters of hospitals, schools or institutions.
Telecom service provider
Telecom service providers who want to expand their services across the country offer mobile tower installation services. You can directly contact these TSP companies and propose to rent your property for installing mobile towers. You can contact companies like MTNL, Tata Communication, GTL Infrastructure, Indus Towers, American Tower Company India Limited, HFCL Connect Infrastructure.
The process
Provide information about your property to telecom companies and invite them for inspection. If your property is suitable from a radio frequency perspective, companies may also contact you to conduct an inspection. After site inspection and some memorandum of understanding will be signed and then your property will be leased to TSP.
Cost and profit
You don’t need to make any investment to install a mobile tower. Depending on the location, height and size of your property, you can get rent from Rs 10,000 to Rs 1 lakh per month in rural or urban areas. Sometimes the fare can be even higher in metro cities.
Tags: business news, Earn money
First Publication: Sep 4, 2024, 20:59 IST
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