Nice and very handy phone with all features.I am using this phone from last 1 year and it is very handy to use .It has 4.5 screen, 5 mp camera, 1 GB RAM and 1950 mAh battery with 8GB internal Memory.It will come in your budget.
But the only demarit is picture quality of Phone is poor.
You can buy it from online within your budget
After sale service of Micro Max is good.
So I will recomend you buy it online .