Hi Saurabh, welcome to the Community!
Regarding the storage I'd like to first clarify that having more storage won't increase the limit of your repos, repositories have a limitation of 2GB each. This storage is referring to the LFS storage. That said, here's the answer to your questions:
Q) Can you please inform me how can we increase file storage (example 3 GB) limit for our Bitbucket project ? What will be extra cost we need to pay and what will be process to do it ?
You'll need to upgrade your account from Free to Standard as you can see at Pricing, once you upgrade you'll get 5GB of storage. To upgrade, go to Settings > Plan details > Change plan.
Q) Additionally whether it is possible that in future we migrate our BitBucker Cloud repository to Self-Hosted Repository ? If yes then what will its process ?
Yes, you can migrate to repositories to other services. To do so you'll need to first download your repositories locally and then upload them to the new service you choose. The instructions can be found at Importing code from an existing project. Keep in mind that the history of your repos will be saved but the metadata (such as comments and pull requests) will not.
Hope that helps! Let us know if you have any questions :)
Best regards,
Ana
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