My application does not need dual cpu horse power, therefore I was looking for an AMD solution. This system will run in a production environment and reliability is high priority.
If this is production, I would recommend setting up two inexpensive systems as compared to one workstation class system.
With this, you can purchase two systems for 20k each and have load balancing or manual fail over in case the system fails. Machine tends to fail more often in Mumbai due to environment and climate. On top of it, have a system of archiving data offsite (E.g. Amazon S3 or different branch office), that would save you cost on reliable NAS storage.
This config comes out to be 17k:
Motherboard : Asus M4A78LT-M LE : 3.2 k CPU : AMD Phenom II X2 555 : 5 k RAM : CORSAIR 2 Gb *2 DDR 3 : 3.6 k HDD : 1 TB : 2.8 k Case : Generic ATX + PSU : 2 k
Total : 16.6k
With 4 GB RAM and decent CPU, this can take most SME business roles. If this is going to be a DB server, add 6 k for 2 more hard drives and cofigure them in redundant RAID to increase speed of reads, or bump up the RAM to 16 GB so that HDD is not read in most cases (Oracle / DB2 / SQL Server / PostgresSQL are good with page cache). Just give 12 GB as buffer to DB processes.
-Shamit