Land can prove to be a very important asset for you. But for this you should know how to use it properly. If you also have some land in the village and you are unable to understand how to use that vacant land, then this article of ours is very useful for you. In this article, we are going to tell you about such smart business ideas from which you can earn big money.
The demand for wood is increasing in the market. You can make a lot of profit in the future as well. You can plant fruit trees on the land. This will give you income for 12 months of the year. Apart from this, you can also plant sandalwood, rosewood, teak, date palm and mahogany trees and earn profit from the wood obtained from these trees. This is a long term investment idea.
Install Solar Panel (Solar Panel Set up)
This is the best business idea considering the power shortage and the high electricity rates. Solar energy will be used in the coming times. For this, you should install a Solar Energy Plant or Wind Mill on your vacant land. You can also give this plant to private companies to run on rent. Do not forget to get the contract signed for this.
There is always a demand for bricks for building houses. If you want, you can also open a brick kiln on the vacant farm-barn. In many states, it is necessary to take permission from the government to start this business. After getting permission, you can make red bricks or bricks prepared from coal ash from thermal power plants. Coal ash bricks are more in demand than red bricks in cities.