Loan on MF/Stocks advice

Hello,
I need some opinions/advice/guidance in the following matter.
I am 68 yrs old and I have invested 40Lakh in various equities & 50Lalk in Equity based M/F’s since last 14 years.
Current market value is around 1.8crore & 1.6crore respectively & it may grow by 20% CAGR as per my assumption in the next 7 years and total market value may hit around 10crore mark.
I have a land property valued 3crore where I am planning to build a 5 floor residential apartment on it.
For this I need a fund around 2crores for construction & I am planning to raise funds from overdraft loans against my Equity shares & M/F at the rate 10.35%.approx .
I do not have any other source to raise the required funds as I am retired now and I do not have any other liabilities.
I am planning SWP of 10lacs every year to repay interest on OD.
I wish that I would be able to pay off any loans and OD WITHOUT having to sell any apartment/unit.
Will this be possible? Is there any other way?
I need some opinions/advice/guidance
Thanks

Here are some observations and suggestions:

1. *Investment growth*: Your assumption of 20% CAGR growth in the next 7 years is ambitious. Historically, equity markets have given around 12-15% returns over the long term. Be prepared for potential market fluctuations.

2. *Funding construction*: Using an overdraft loan against your equity shares and MFs at 10.35% interest is a viable option. However, consider exploring other options like a housing loan or a personal loan with a lower interest rate.

3. *SWP for interest repayment*: Your plan to use Systematic Withdrawal Plan (SWP) to repay interest on the OD is a good strategy. However, ensure you have enough liquidity to meet the interest payments.

4. *Repaying the loan*: To avoid selling any apartments, focus on repaying the principal amount along with the interest.

Consider using a portion of your SWP for principal repayment.

5. *Alternative options*: If possible, consider delaying the construction project or exploring alternative funding sources, like a joint venture or partnership, to reduce your financial burden.

6. *Review and⁰ adjust*: Regularly review your investment growth, interest rates, and construction costs. Be prepared to adjust your plan if needed.