You can earn upto Rs. 50,000/month from Reliance-Jio. Here's how!
Jio'>Reliance Jio took the telecom sector by storm when it launched in 2016, starting a price war. While it does offer the best mobile prepaid plans, Jio subscribers still face problems like call drops and network disconnections. To boost network quality, Mukesh Ambani-owned Jio is offering up to Rs. 50,000/month as rent to those who install towers on their property. Here's all about it.
What exactly is Reliance Jio offering?
Reliance Jio, which is now planning to improve its network quality, would reportedly pay up to Rs. 50,000 as monthly rent to anyone installing a tower on their roof or land. However, the rent to be paid by the company depends on several factors like location of the property (urban or rural area), how weak or strong is Jio's network in a particular area.
How to apply for Jio tower installation on your property?
Those interested in installing mobile towers either need to have a plot measuring at least 2,000sqft or a roof with a minimum area of 500sqft to be eligible. Indus Towers, which is responsible for the installation of towers of most Indian telcos, is in charge of Jio's, too. Those interested can apply for installation on Indus Towers' website on the Property Owners' page.
How much can you earn per month?
While Jio has not officially announced any rates as part of this offer, a rough estimation was provided by some reports. The reports suggest that by becoming a part of the "Jio Tower Installation" process, owners of properties in the rural areas can earn up to Rs. 20,000-30,000 while those in urban areas can make Rs, 35,000-50,000 per month as rent.
Which documents are required?
Those applying installation of Jio towers need to produce the proof of property ownership and also a "No Objection Certificate" (NOC) from the concerned civic body. They will have to submit copies of land papers, a valid identity proof of the applicant/owner, and an expression of interest letter from the owner. The company has to be provided with the recent land survey report.
Jio to install 1 lakh towers by spending Rs. 50,000cr
Indus Towers' website shows that all the telecom players in India are its customers, including Airtel, Vodafone, Idea, Telenor, MTNL, BSNL, and Jio among others. Bharti Airtel earlier said it spent Rs. 16,000cr on network infrastructure; it would invest an additional Rs. 24,000cr to improve quality. Meanwhile, Reliance Jio said it will spend Rs. 50,000cr on installing one lakh mobile towers in next fiscal.
But, is installing mobile towers safe?
While Reliance Jio's mobile tower installation offer is really a great way to make some extra money every month, without even spending anything or doing anything, research does suggest that people living near the cell towers may suffer from health issues because of the radiation from them. Such tower radiation not only affects people but also causes ecological harm.
