The power supply is a bit overkill for now but it will allow for upgrades when that time comes and because it's a good quality PSU it will last you a very long time. This is a good entry level gaming PC. I wanted to put some higher end parts in it but this is the best I could come up with while staying in budget.
Total: RS 40,786
The total might not include shipping charges and taxes. So I left some room in the budget for that. Keep that in mind when buying these parts if you decide to buy them. Also don't be afraid to shop around. You might find better deals on the parts that are listed. I only looked on FlipKart.com for the parts.
u could try :-
cpu ----- i5 4460 ---- 13000/-
mobo -- gigabyte h81M-s1 or gigabyte h81M-CS ------ 3700/-
ram --- corsair vengeance 8gb 1600mhz ----- 3500 to 3700/- i bought 1 yesterday for 3300/- from local retailer (bangalore)
HDD -- WD blue 1 tb 7200rpm --- 3500/-
psu --- antec VP 550w ------ 4400/-
gpu -- gtx 960 asus strix --- 17,100 http://www.snapdeal.com/product/asus-nvidia-geforce-gtx960-2/654032158327#bcrumbLabelId:305
total price - 45200/- (up and down) ....
visit local retailer before buying it from online , the price differs .. i bought i5 4690k for 16800rs yesterday from local retailer but the online price was around 20k .