Welcome to Carnity ! @IshamFazal
1) Do I need a skid plate front and back? (I believe my car comes with a front skid plate in-built), let's suppose I need one where can I get it done with an affordable price as well as the type and other stuff? bear in mind I don't want to dump all my money hence I would like to go for a reasonable place. I'm still in the air of understanding whether I have it in me to go on off-roading.
Initially as beginner (first couple of drives there is no need, but after that yes it's advisable to have a custom front and rear skid plate).
2) Do I need an ABS kill switch? if so the best place to get it done. also, what drive mode do you guys drive in? Should I use the R/D lock mode while driving?
No need. On the Pajero you can pull the relay. See below procedure:
3) Do I need an AT cooler with extra fans on it?
Not immediately, but some Pajeros run a bit hot without them. Using tiptronic instead of "D" seems to help a lot. There's lots of topics here on the forum about it.
4) Do I need an Extra fan for the Radiator? if so what's the size and the brand and the place to buy them and a decent garage to fix it as well? NO
5) Do I need a compressor? if so, what's a brand of a decent compressor. and where can I buy them?
6) Do I need a lift kit to start? Absolutely not
7) Do I need a recovery rope to start? Not if you start in a club environment as newbie. Once you are Fewbie+ and beyond you should get one.