u/EmbarrassedAdvance89

We as a family started the works to build a house like digging bore and getting sand.

We have a land in a commercial area around 22× 45 feet north facing land

We are thinking to go with G+1 floor and in future maybe built other floors ( foundation is capable of 5 floors)

1st floor 2 bhk for our use and

1)Little confused what to do with G floor

Options :

A godown + little parking area and a shop

1bhk + parking +shop

2. we are thinking to use mostly our family savings upto 20-25 lakhs (10L from gold loan) other from personal loan ( coz our land is not registered and can't get home loan ) and I want to know taking personal loan for 10L with rate 9.99 for 3 years with 32k and pre closure is 0% after 1 year and my salary is 60k or any other option I could pursue for funds.

For more context there are so many home stays and shops near our land

Any advices are welcome who has built in tier 3 city and how to manage cost at every stage and recommendations for materials used and things we ignore which may cost a lot and paints and interior.

Any additional information I'm happy to provide.