Thinking of putting up a highway hoarding on my land for passive income , where do I start?
I have a piece of land near the newly expanding NH66 with really good visibility from the road. I’m considering putting up a large hoarding there and renting it out for some passive income.
I’m completely new to this space and would really appreciate guidance from anyone with experience.
1.Do I need approvals from Municipality / NHAI to install a commercial hoarding? What clearances are typically required?
2.Any good hoarding or outdoor advertising agencies in the Malabar / Kannur region who handle everything end-to-end?
- Who usually builds the structure (steel frame) the landowner or the agency? How does this arrangement typically work?
4.How much monthly rent can one realistically expect from a highway-facing hoarding in Kerala?
What kind of agreement duration is standard (3 yrs / 5 yrs / longer)?
Any hidden issues, risks, or important factors I should know before getting into this (legal, safety, contracts, maintenance, etc.)?
Thanks in advance