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New Delhi. If you have an empty land or open space on the roof, you can make a valuable asset by using these places. You can earn good money by using these places with very little investment. From here you can earn from 10 thousand to 1 lakh rupees every month. You can do this by installing mobile towers at these places.
You can directly contact mobile tower installation companies and get mobile towers installed on your property. The amount of money you will get will depend on some basic factors like land size, location and risk etc.
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Land size
A mobile tower can be installed on 2000 square feet of vacant land. If the tower is to be installed on the roof of your building, a minimum space of 500 square feet is required. If you want to install a mobile tower on a residential property, the building must have a structural safety certificate. Also, ensure that the tower is not within 100 meters of hospitals, schools or institutions.
Telecom Service Provider
Telecom service providers who are looking to expand their services across the country offer mobile tower installation services. You can directly contact these TSP companies and offer your property on rent for installing mobile towers. You can contact companies like MTNL, Tata Communication, GTL Infrastructure, Indus Towers, American Tower Company India Limited, HFCL Connect Infrastructure.
Process
Provide information about your property to telecom companies and invite them for inspection. If your property is suitable from the radio frequency point of view, the companies may contact you and inspect it themselves. After the site inspection, some Memorandums of Understanding (MoUs) will be signed and then your property will be leased to the TSP.
Costs and profits
There is no investment on your part to install a mobile tower. Depending on the location, height, and size of your property, you can get rent ranging from Rs 10,000 to Rs 1 lakh per month in rural or urban locations. Sometimes the rent can go even higher in metro cities.
Tag: Business News, earn money
first published : September 4, 2024, 8:59 pm IST
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