How can i use my land to commercial to make a building & give it to national bank. but i had no money.?

sir

My name is Ashish. And i m from nurpur (it is a small city in himachal pardesh).Sir i have a land which is main market in our city market. I use it as a commercial to make a building. and give this building to the any national bank as a monthly rent.But i have no such a money to make a building.Then but can i do for it ?

if the bank requires that place, then you can approach them and they will fund you for construction. the repayments will be from the proposed rentals.

Approach the Banks regional offices with details.

If your land is within city area,no NA permission is required,otherwise,get NA permission from DistrictCollector,prepare plan for building through Archetect and

get it sanction from Corporation/town planning department,approach any banker,along with no encumberance certificate from advocate and valuation done by Bank approved valuer,for loan,on sanction of loan

you can construct the building yourself or by contractors.And offer on rent to anybody.

make a contract with a reputed real estate developer on 50-50 percent basis.

The developer will make say 10 flats and he will give you 5 flats and rest he will sell to buyers at a profit.

this is the only way to make a building without investing any money or looking after the construction.

EDIT: you will have to give a "power of attorney" to the developer. Better to find a good lawyer among your relatives to give you legal advice

I be live the land is worth money so the bank should lend money to build. I have heard of that before being done.