Need urgent suggestion!!

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In the zone
Hey guys i am planning to get new processor+mobo+ram
I thought of these-
Core i7 860
Gigabyte GA-P55M-UD2
ddr3 ram
my budget is around 24k inr..please suggest fast and i already own 9800gt can i use it on this mobo??? i will upgrade my gfx card and psu some time later.
why i7860
i dont want to overclock and i want a good processor with base frequency to do all stuffs and gaming..for atleast 3 years..
why this mobo??
i will not crossfire or sli..i prefer single card coz of power requirement and space, i heard it is good budget mobo and oc'er( though i dont oc).
please suggest coz i really liked the processor and its reviews..i want to order it by monday. One more thing are there going to be any price drop??
 
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