^^ Nice suggestions buddy
Though I've some corrective suggestions
For GPU don't get anything less than GTX295. Zotac one will cost you around 32K
It's the best one
For HDD Get 2x Seagate 1TB in RAID 0 Mode. Rs. 9K maybe.
Get another 1.5TB as backup drive. s. 6.5-7K maybe.
For monitor go for BENQ G24HD model. It's Rs. 12K.
BTW,
orange3 Don't forget to tell us your budget.