Hi,
Here's something I recommended in a similar thread
Which Media Player to BUY..
Hey there,
I was in the same dilemma just like yours. I researched a lot, and FINALLY bought
AC Ryan PlayOn HD media player
It costed me Rs. 9500 from AqTronics - The official resellers of PlayOn HD in India. My media player came with official 2-year India Warranty
It's one of the best media players out there with regular community supported firmware updates
There were 2 MAIN reasons I went with PlayOn HD. First, you can insert a regular 3.5" HDD inside the PlayOn HD media player. Other players needed an external 2.5" HDD,
which are costlier compared to 3.5". I bought a 2 TB Seagate HDD for roughtly Rs. 5000, whereas at Rs. 5000, you can only get maximum 1 TB of external HDD.
Second main reason was OFFICIAL 2 YEARS India warranty
Here is the official PlayOn India website....
HD Media Player, AC Ryan India, Play on HD India, True HD media players
Their main office is in Bangalore with another satellite office in Mumbai

You can call them up
Also, Rs. 9500 also included shipping charges and a
bonus wifi dongle, with which you can connect your PlayOn HD media player to your wifi setup at home if you have one for wireless data transfer and bittorrent downloading
If you have any questions, then do let me know
Edit: Also, AC Ryan has recently released
"PlayOn HD 2" with additional features like USB 3.0, etc., etc. You can research these features on the internet, and if you want, you can wait for sometime and directly buy the PlayOn HD2, which of course will be costlier. I spoke with AqTronics about PlayOn HD 2, and they said it will take them at least a month or 2 to get the new player, so the decision is up to you.