Business Idea: Are you willing to do a good business? But what business does not come to mind? Then today’s article is just for you. If you have an empty place, then you can easily earn good money by installing a mobile tower there. Yes, you heard it right.
Install Mobile Tower
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 in these places. You can directly contact mobile tower installation companies and get mobile towers installed on your property. How much money you will get will depend on some basic elements such as the size of the land, location, risk, etc.
Size of Land
A mobile tower can be set up on vacant land of 2000 square feet. If you have to install a tower on the roof of your building, then at least 500 square feet of space is required. If you want to install a mobile tower on a residential property, then it is necessary to have a structural safety certificate near the building. Also, ensure that the tower is not within a radius of 100 meters of hospitals, schools, or institutions.
Telecom service providers
Telecom service providers wishing to expand their services across the country offer mobile tower installation services. You can directly approach these TSP companies and offer to rent out your property to install a mobile tower. You can contact companies like MTNL, Tata Communications, GTL Infrastructure, Indus Towers, American Tower Company India Limited, and HFCL Connect Infrastructure.
Work Process
Provide information about your property to telecom companies and invite them for inspections. If your property is suitable from a radio frequency point of view, companies can also contact you and inspect it. After checking the site and signing of some MoUs, your property will be rented out for TSP.
Costs and profits
You have no investment in setting up a mobile tower. Depending on the location, height, and size of your property, you can get Rs 10,000 to Rs 1 lakh per month as rent in rural or urban locations. Many times the rent in metro cities can go abobus