At 1080p, go with i5 8400. i7 should be taken into consideration if you want to do video editing or productivity stuff. I can't provide exact prices but these components should be well under budget
CPU - i5 8400 14k
Mobo - Asus STRIX H360(when it launches) 10k
GPU - Gigabyte GTX 1060 Xtreme Gaming 27k
RAM - Crucial Ballistix 2x8GB 2667MHz 11k
Chassis - Antec P110 Luce 7k
PSU - Corsair RM650X 650W Gold+ Modular 9.1k
HDD - WD 2TB @7200rpm 5k
And please avoid local chassis and try to add as many fans as you can for better airflow and cooling. India is a hot country, lol