Are you thinking of starting a great business? But no good idea is coming to mind. Then today’s article is for you! If you have any vacant space, then you can easily earn a lot by installing a mobile tower there. Yes, you heard it right! By using your land properly with very little investment, you can earn from ₹ 10,000 to ₹ 1 lakh every month. So let’s know how you can get a mobile tower installed on your property and start this profitable business!
There will be a huge income every month
By using your vacant land or roof, you can earn a good income with little effort. Installing a mobile tower is one such great option. For this, you have to directly contact the mobile tower installation companies and propose to get the tower installed on your property. How much money you will get will depend on some basic elements like land size, location risk, etc. With the right location and adequate space, this business can prove to be a gold mine for you.
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How much space is required to install a tower
About 2000 square feet of vacant land is required to install a mobile tower. If you want to install a tower on the roof of your building, at least 500 square feet of space will be required. If you want to install a mobile tower on a residential property, the building must have a structural safety certificate. Apart from this, ensure that the tower is not within 100 meters of a hospital, school, or other institution. By keeping these things in mind, you can avoid legal and security-related problems.
Which companies to contact
Telecom Service Providers (TSP) who want to expand their services across the country provide mobile tower installation services. You can directly contact these TSP companies and offer them your property on rent. Some of the major companies you can contact are.
How to install a mobile tower
Inform telecom companies about your property and invite them for inspection. If your property is found suitable from the radio frequency point of view, companies may contact you and inspect it. After the site inspection and signing of some agreements (MoUs), your property will be rented out to TSP. In this entire process, the company itself takes care of all the technical and financial work.
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How much will you earn
You do not have to invest anything in installing a mobile tower. Depending on the location, height, and size of your property, you can get rent ranging from ₹ 10,000 to ₹ 1 lakh per month in rural or urban areas. Sometimes the rent can be even higher in metro cities. This is a great source of passive income in which you keep getting a fixed amount every month without doing anything.