Hey Mohan Jain it's LG WRman Sherlock here!
I suggest you the LG 32LM6400. It's Rs. 60000 so it's a little over your budget but it is totally worth it and here's why. The LM6400 uses passive 3D, which is the newest 3D technology. Thanks to this, you will be able to watch great quality 3D with light, comfortable and more importantly flicker-free glasses, which was a big problem with the old technology. The LM6400 is one of the cinema 3D line, which has been praised and as the name implies brings the user a cinema-like experience, thanks notably to an almost no-frame design that gives no obstruction to the viewing, just like the movie theater screen. On top of that, your guests will be able to enjoy a great TV function with a lot of content and applications, and other nice features such as the 2D-to-3D conversion, the 3D Depth Control or the Dual Play, which is great if they're into video games.
If you have any more questions feel free to ask or check out the official site for more info at *www.lg.com/in/3d-tv.
LG WRman Sherlock out!