Short Selling Strategies' required Funds

What is the minimum or average amount of funds required to make 1-2% per month consistently by practicing short selling strategies in the Stock Market?

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Nothing less than 50lakhs. If you are talking about 1 to 2 percent per month it comes to 12 to 24 percent per annum. On 50lakhs that is 6 to 12lakhs. If you are making less than this then whats the point of trading.

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Yes. Especially since you might need to keep around 40-50% margin free for adjustments.

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Absolutely. So u have to actually generate double the returns on margin utilised.