Tax implications for taking loans to purchase property

There is a Housewife who holds a PAN but does not have any income and does not file ITR. Now, she wants to purchase an immovable property for investment by taking interest free loans from friends and her father-in-law through cheque. The loans shall be repaid once the property is sold out. Please advise tax implications on above arrangement, particularly the follwoing: 1) Can a loan be taken from Father-in-Law? 2) Is there any clubbing provisions applicable, if yes, how? 3) What is tax treatment for those giving loans? 4) Does she require to file ITR for FY in which property is purchased, though there is NIL income 5) Other implications, which may arise to her or those giving loans. Thanks Regards, CA Vivek Airen