I have land available..what business I could do.
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Land business.. sell it and purchase elsewhere cheaper. Enjoy the difference.
On second note, it depends on many factors. Total area, Location, Type, Your budget/ capital, Your business choices, Loan availability if required and many more. What’s your target?
Atm, bank or online stores
car park, camping site, garbage dump, squatting site for homeless people.. banana plantation… Solar panel electricity generation station.
In any of the above cases your ROI will be much lesser against the investment and your break even period will be longer, that will make you anxious and frustrated too.
Any idea about local product manufacturing? SMSEs? They usually get govt backings and you don’t need to invest all of it at the first place. The returns are somewhat secured too, when it follows the govt channels. You need to research further and ask anyone near for better info.
if all of above recomendation doesn’t suite you or you have land somewhere value is low or no business oprtunity you can do teak wood or any wood related plantation . you’ll get good return.
Each full-grown tree yields around 10 to 12 cubic feet of teak wood, which sells for approximately 2 lakh .(google says) .
Any idea about the maturity period — having 10-12 cuft of teak wood? Also need to invest in security as well. Security of trees.
rent to warehouse or parking area
दारू का ठेका
Desi daaru zyada acha
If you dont want that land for your own purpose, try contacting telecom companies to set up their towers over it
Usually they provide you with hefty rent for the land, but depends upon their requirement
Also usually there is a legal contract but the companies encroach your land in a way for a period longer than the contract, though they pay you the rent
CC- @Simbha3 @deb3l @alientechy22
Agreed! Nice suggestion bro. It works with smaller plots too.. seen many in rural areas.
You can sell your land at higher rate and purchase new land at lower rate. For this Contact land broker nearby your area. This is called “LE-VECH” in Gujarati term. (Assuming you are from Gujarat as you surname is Patel and so you may heard this term.)
You can use it for Residential purpose. Construct flats/apartments and you can rent those families who are in need of rent house.
You can rent your land to those who want to run businesses like shopping mall/shops/gym/rasturants. etc..etc…
Area Matters. Where the land is located at? Inside city or main road or something… if it is beside mainroad you do restaurant business, if it is behind then do PG. Without food.
Are ye bhi koi dd me punchhta hai
Dig a well and sell water tankers