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Buy an office laptop - INR 50-60K
Total = INR Max INR 1.2 lakhs.
1.2 lakh gaming laptop will be problematic for you. It will make working on the device look like a chore because your mind associates laptop with pleasure.
Don't mix the two to keep your productivity high.
Plus a 43 inch screen for gaming on a console is nothing like it. Now GPU power per rupee value for money comes from console gaming, not from PC.
You won't regret it.