Will Jio mobile tower be installed in empty site in r👀amanagara?
Do you plan to rent your house terrace or a vacant lying plot for mobile tower installation? 99acres.com shares a list of the pros and cons of installing a cellular tower on your property.
With changing scenarios and growing opportunities, renting a property is one of the best ways to earn additional income. There are several ways one can rent a property, such as letting it out for ad shoots, vacation homes, homestays, contractual renting and office space. However, scouting a good tenant and ensuring a steady income could be a challenge in all of the above scenarios. Therefore, in a bid to escape the hassle, property owners are settling for other lucrative options such as mobile tower installation.
With the increase in the number of cell/mobile phone users and soaring competition, cellular companies are keen to expand their services in every nook and corner of the country. This has led mobile companies to negotiate a deal with the property owners for the installation of a cellular tower on their property- be it residential, commercial or land, in exchange of monthly rent.
But, while the offer looks attractive, it has its share of downsides too.
What are the advantages of having a mobile tower on a building?
A steady flow of income
Monthly rentals from mobile tower installation may range between Rs 8,000 per month and Rs one lakh per month. In metro cities such as Mumbai, the rentals may go up to a few more lakhs. However, the amount may differ according to the height, size and area of the property. For instance, forest areas and public areas, away from residential buildings are preferred more by cellular companies, and therefore, these earn higher rentals.
Long-term profit
The mobile tower agreement may vary from 12 months to a few years, but the owner may extend the lease to leverage a long-term benefit. Besides, the installed tower may positively impact the property values. Trends reveal that properties with mobile tower installation witness 10-15 percent more hike in their average capital values when compared to other similar properties in the area.
Additional services
“Sometimes, towers in residential building benefit the property owner, not only in the form of monthly rentals but also in terms of free calls and internet facilities. Also, improved network service with less downtime is an additional benefit, provided the property owner uses the same mobile network,” shares Rishabh Jain, realty expert, Wisteria Real Vision Pvt Ltd.
What are the disadvantages of having a mobile tower on a building?
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), the long-term exposure to such waves is definitely detrimental to the health of residents.
Impacts aesthetic value of the property
Tall cell towers on your terrace or land/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, however, the concept does not seem to blend in well.
How to approach the companies for mobile tower installation?
The best way to let-out your property for mobile tower installation is to approach the tower companies directly. There are several options available online, including Indus Tower, Viom Ritl, Bharti Infratel, and American Tower Corporation. These companies have been responsible for tower development programs in several countries in the past. You can also visit the website of the Department of Telecommunications to know more about the companies that are available for mobile tower installation.
You can share your property details with the telecom companies and invite them for an inspection. However, an important point to note here is that the companies will only approach you if your property is suitable from the radio frequency point of view. In case the site gets a green signal, few Memorandum of Understandings (MoU) are signed, and thereafter, the property is let-out to various telecom service providers.
Overall, if you are considering a cell tower installation, weigh both the pros and cons. Also, before you reach out to mobile companies and negotiate a deal, seek out professional consultation and thoroughly review the plan.


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