Hi MayaV,
I was in a similar predicament a month ago when my previous monitor was all but gone..
Did a bit of research and finally got a Dell Ultrasharp U2414H from Flipkart.
I got it for 17k (The price was 19k + 2k Cashback for Citibank Card holders on the Flipkart Big sale day). But i noticed a week back that the price has shot upto 23k on flipkart.
The monitor is a 24inch, 16:9 full HD - Brilliant, accurate, and bright colors. No complaints at all. I use it for all my post production and gaming (I connect my PS3 to the monitor thru HDMI). Only drawback was the non-availability of a VGA slot. But since I dont have any VGA only devices, I did not find this to be too much of a constraint.
If you are looking at an even lesser budget, the best bet would be a Dell UltraSharp U2312M (16-19k right now). That one's aspect ratio is an even better 16:10 . Some people swear by the extra pixels.