The best value for money headphones if you buy in india are the philips HP 840, if you are willing to take good care of them, cause they break easily. For music of course, in my opinion they are a little better than the Philips HP 890 that i used to have a while back. The 890s had flabby bass, owing to the ultra large 50 mm drivers. The 840s use the same driver mechanism with a 40mm set, providing much tighter bass response.
Although the 840s dont have as huge a soundstage the 890s did, in my opinion they sounded more accurate.