OP
getzafar21
Right off the assembly line
Thanks for the suggestions about PSU+Cabinet+Cooler. I liked them all. Specially the cabinet, which I feel, is awsome.
If you see my original requirements at the start of thread, you can notice that I had SSD in my mind. But, because of targetted budget, I decided that SSD can wait. Didn't want to compromise with the basic configuration for it.
With that, I believe my rig is almost finalized (99%) as below:
| Component | Brand/Model | Shop | Price |
| CPU | intel core i5 3570k | SP Road Bangalore | 14000 |
| Motherboard | ASUS P8Z77-m Pro | Flipkart | 12720 |
| RAM | G.Skill RipjawsX 8 GB DDR3-1600/PC3-12800 1 x 8 GB | Flipkart | 3774 |
| HDD | WD Caviar Blue 500 GB 6.0 Gbps | Flipkart | 3902 |
| Monitor | Dell 23" LED ST2320L | Flipkart | 10864 |
| Cabinet | Corsair 300R | Flipkart | 4340 |
| PSU | Corsair CMPSU-430CXV2UK 430 Watts | Flipkart | 2867 |
| CPU Cooler | Cooler Master Hyper TX3 EVO Cooler | Flipkart | 1456 |
| Case Fans x 2 | Cooler Master BC 120 mm White LED Fan Cooler | Flipkart | 1000 |
| Keyboard + Mouse | Microsoft Wireless Desktop 2000 Wireless | Flipkart | 1475 |
| Optical Drive | Asus DRW-24B5ST Internal Optical Drive | Flipkart | 1148 |
| Total | 57546 |
I'll wait for couple of more days for any last minute suggestions and better deals available. And will post more if I purchase or seek further changes in rig.
All the experts and seniors (and commoners too
), please suggest if I may improve the config for my requirements without effecting the budget too much.