All You Need to Know About Installing Mobile Towers on Your Property

Kamlesh Yadav K

Introduction

Everybody wants that extra source of income that doesn’t consume a lot of time but generates a good sum of money for them. There are many ways to achieve this and one of those many ways is leasing up your property to telecom companies to install mobile towers.

The advantage of a telecom tower is that a single installed unit can be home to multiple telecom services providers. What it means is that the same tower can be used by multiple companies to distribute signals.

In 2006, the then ruling government framed a policy dictating rules and regulations for installing a tower. The bottom-line of the guidelines is that any service provider who wants to install a mobile tower at any location has to take clearances from the government.

Mobile Towers © Cell Tower Lease

This is for the service providers. Now, what if you have an open plot or space on the terrace of your property, and you wish to utilise that space to generate some earnings? You can decide to rent it out to a Telecom Service Provider (TSP) for the installation of a mobile tower and create a stable income source and for that your property will be inspected by the company for their compliance. If the company finds it suitable, you can. However, there are several advantages and disadvantages of doing so.

Let’s look at the advantages and disadvantages now.

Advantages

A steady flow of income

Most of the people choose to have mobile towers installed on their properties for the lucrative income that it generates for them. Depending on the location and type of the property, the monthly rentals may vary from around INR 10,000 to INR 50,000 or even more in metropolitan cities. In rural areas the prices are relatively lesser as the user count is not very high.

Generally, the properties which are away from building blockages but closer to residential areas where there are network users in significant quantities are preferred by the service properties. The sum may likewise vary as per the stature, size and space of the property.

Long-term profit

This also comes with long term profitability as this collaboration is carried out with a long-term lease agreement. After the lease term is over, the owner may continue with the same agreement or might demand a new one with a more profitable deal. Generally, there is a hike in the value that is provided to the owner with the start of every new agreement.

Additional services

The owner of the property also gets free and better service connectivity in form of the perks. It benefits the land owner as free calls and web offices in terms of service addition. Additionally, further developed organization administration with less vacation is an additional advantage, given the land owner uses a similar versatile organization

Disadvantages

Health issues

As per the American Cancer Society, cell towers increase the risk of health hazards, such as headaches, memory loss, congenital disabilities, and cardiovascular stress. Many studies also report that cell towers may lead to cancer as they emit non-ionising, high Radio Frequency (RF) waves. Although several oncologists have reported that RF waves are not carcinogenic (cancer-causing), long-term exposure to such waves is detrimental to the health of residents.

Impacts the aesthetic value of the property

Tall cell towers on your terrace or plot may reduce the aesthetic appeal of the property, particularly in scenic areas. Though cellular companies have made several attempts to camouflage the towers or install smaller towers, the structure does not seem to blend in well with its surroundings.

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