The best two places to buy guitars from in Bangalore are Reynolds Inc. on Brigade and Furtados in Kormangla, I would say go talk to the guy in Furtados(if he's still there,DK is his name, he plays awesome) and then check the prices at both places and also Soundglitz(bgd road) coz usually furtados is expensive, my friend recently got a yamaha acoustic for 4600 at reynolds where as it was 7 sumthn at furtados(even though they are official yamaha suppliers).
Ya n the takamine suggested above is damn gud, if u get it in d budget, takamine's are warm, but if he wants to play on an amp u wont be able to get a takamine in dat budget with pikups, get a yamaha with pikups in dat case, othawise the suggested takamine is good, make sure u haggle, coz u can haggle.
oh and dont forget to get a case and that adds to the cost, keep in mind.
cheers