We're a group of 10 friends who each bought 50 square yards of land, totalling 500 square yards. We'd love to build a shared house or flats on this land. Could you advise on how we can individually apply for home construction loans from a bank, and what

To obtain individual home construction loans, each of you needs to individually apply with the bank, demonstrating ownership of your respective 50 square yards. You’ll require property documents, identity proofs, income proof, and a construction plan. It’s recommended to consult a legal professional to ensure the land ownership is properly documented and the construction process complies with local building regulations.