Borewell depth 472 feet and water is 1.5 inches - Will the submersible or compressor motor be suitable and at what depth ?

Dear Sir,

I have a borewell in indirangar, the total depth of it is 472 feet and the water is only 1. 5 inches. Would like to know which motor is suitable submersible or compressor. To what depth should I have immerse the motor in borewell and will this water remain permanent.