I have got 4 GB right now , golcha didnt have 2 X 2 with him at that time and i didnt want to wait more 
… i will be getting another 4 gb stick next month or so (will get 1600 as the price diff is not much ~ 2 ,300 or so , though no plans as yet to upgrade my processor for another 1.5 yrs.
What about I7’s they will fit easily in this budget…
and some News About AMD 8350, 8 core processors which will be better than buldozer ones will be launched soon …
i7 were costing around 12k more than my current processor .. + more motherboard cooling costs etc . would have overshot my budget by around 15-20k
Have tried out a few games -skyrim etc in high settings and everything is running smoothly by now :).. will try out some more and post… thanks guys for the help , will do with the 1333mhz performance of the 1600mhz till my next processor upgrade. Not having any issue so far 
‘Vishera’ based Piledriver CPU’s are not going to perform as well as Intel dual-cores in gaming, simply because the Instructions Per Cycle – IPC is very poor compared to Intel’s Core series architecture.
Hope this helps, Cheerio!