I have 2 cottages, i want to install a water holding tank in each cottage with their own electrical requirement and want to pump water from one well only. Is this possible????
It is probably possible but we need to know a bit more about what you mean and what you want.
I assume that "water holding tank" means a pressure tank for each cottage. If you mean a "holding tank" like a cistern then it is more complicated.
Do you want each cottage to be able to send a signal to operate the pump, or do you want each cottage to be able to power the pump separately, or do you want two pumps?
Is this all one property with one electrical service from the power company, or are there two services from the power company?
The best way would be to have one pump with one power supply and if you want to allocate cost to the two cottages, use a water meter to measure the water used by each. Water meters are inexpensive (maybe $60 each with all the fittings), while control systems are more expensive and complex.