Hmm.... the best is mp3 playing mobile is
motorola E398
See the options for the following
highlights for it's mp3 playback capabilities)
Mp3 playback
Mp3 ringtones support, 32 cord polyphonic.
3D surround and Bass effects.
Loud and clear sounds
Two speakers
MPEG-4 format suport as well.
MOTOMIXER (Remixable MIDI ringer software)
stereo MP3 files and MIDI files as ringtones
Headsets are also provided with the phone.
Speaker phone
It has a Bass and 2 spekers and very loud as well...
Review here:
*www.thinkdigit.com/forum/viewtopic.php?t=15977
Cost :rs. 10k or even less
Second option:
Get nokia 6230, it has a lot of features has mp3 player/FM radio
Review here:
*www.thinkdigit.com/forum/viewtopic.php?t=13100
Cost: Rs. 12k
Thrid option: (high end)
Samsung D500
Review here:
*www.thinkdigit.com/forum/viewtopic.php?t=17764
Cost: 20k
It's better if u tell the budget...
6230 --> 12k
E398 --> 10k
K500i --> 9.5k
K700i ---> 15k
3300 --->8k.
d500 --> 20k
Yo! forgot abt W700, 6230i ! Both are yet to relaesed...
Read abt W700 here...
*www.thinkdigit.com/forum/viewtopic.php?t=15627
There are a hell lot of Phone, plz post in your budget as well...