SaiyanGoku
kamehameha!!
id say extend the budget by 3-4k and get amd fx-6300 (7500 rupees) and msi 970a-g43 (5500 rupees). furthermore get a cabinet around 1000 rupees and also save some money on the power supply by getting corsair vs550 (3200) which is actually better. (80 plus gold vs bronze)
this all gives you around 11000 extra using which you can get a gtx 970
oh and it also allows you to overcolock...
Corsair PSU's from VS series aren't recommended at all. Antec VP550P would be a better choice if you need a cheaper PSU. Local cabinets worth 1k may not have enough space for installing GPU or proper airflow, so those are also not recommended.