yeah dude there's an LG camera phone which reliance is giving for like 6800 bucks...gota say...impressed with the camera and the loudness of the ringtones.
But if ure looking for GSM....the best phone under 5k will be SonyEricsson J200i (Rs.4900, New Delhi)...why u ask?
coz it has GPRS,MMS,Infrared port which actually works like the better SonyEricsson Models, Loud Speaker for ringtones,MUCH better looking than the Nokia's. The Samsungs and LG's are all crappy coz dey have a very irritating user interfrace...
and for around 8000 you can get Nokia 6610i and 7250i for about Rs.8200(new delhi).
T610 is another option but the memory is like 2 mb ,whereas the nokia's are offering 4 mb.
Samsung X600 is another option...has the best camera in its range...but a very irritating phone again...u cant record voices, the ringtones are not loug enough, no vibration and ringtone at the same time....so its really bugging...
I suggest the Nokia 6610i if you are goin till 8k and The J200i if ure planning on stayin till 5k.
-Anish