looking to build a gamings system for max INR 45000

Hey guys, I am looking to build my first gaming system at a budget of Rs.40,000; that can be stretched to a maximum of Rs.45,000.
I will be using this system mostly for gaming at 1920x1080 resolution (prefarably atleast at high settings), watching movies and doing normal activities on any given pc.
I am not familiar with the idea of overclocking, and I dont really think I would need to do it. [But just explain what overclocking is in simple understandable English, I am not good with technical jargon]
I already have a keyboard, mouse, monitor and OS.

I have the following in mind that I almost confirm to purchase:

GPU - Nvidia GTX 560 Ti Boost 2GB

RAM - Corsair Vengeance DDR3 4GBx2 =8GB

Internal Hard Disk - Seagate Barracuda 1 TB 7200RPM

I have also been suggested the following processor
Intel i5 4570 3.2GHz LGA1150 4th Gen processor

I need help with selecting a motherboard (Asus prefarably) for the above processor, PSU and cabinet.

Also I want to use this system for the next 2-3 yrs.
Sorry for a really long question.
Quick answers would be really appreciated. I am looking to get it well before Christmas(20 prefarably)

Please tell me how good the above config is and how it can be improved.
I would also appreciate it if you guys can also suggest an entirely different config which is almost the same or even better for the same price (I am very greedy, or miserly; I leave it for you to choose).
Lastly I understand that an SSD will drastically improve boot time ans game load times. I dont have the money to buy it, my budget is tight.
Is it possible to get it installed at a later date say 6 months, during June 2014 or so.
Will play games like GTA4; mafia 2; La noire; crysis series; far cry 2&3; sleeping dogs; fifa14; assassins creed series; nfs most wanted, run, rivals; call of duty(from MW3 onwards); battlefied series; medal of honor warfighter; DiRT; etc
Future games like watch dogs, division, gta v(if on pc).

Thanks in advance
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More about build gamings system max inr 45000
  1. Processor- Intel Core I5-4570 3.2 Ghz Processor - Rs. 14110/-

    Cabinet- Cooler Master K350 Gaming Cabinet (RC-K350-KWN1-EN) - Rs. 3740/-

    Power Supply- Corsair VS Series VS650 650W High Performance Power Supply (CP-9020051-WW) - Rs. 4410/-

    Motherboard- Asus H81M-C 16GB DDR3 Intel Motherboard - Rs. 5175/-

    Hard disk- Seagate Barracuda 1TB 7200RPM SATA Internal Desktop Hard Drive (ST1000DM003) - Rs. 4130/-

    Graphic Card- Asus Radeon R7 260X 2GB DDR5 ATI PCI E Graphics Card (R7260X-DC2-2GD5) - Rs. 12170/-

    CPU Cooling Fan- Cooler Master Hyper 212X CPU Coolers (RR-212X-20PM-R1) - Rs. 2865/-

    System Fan- Deepcool 120mm Semi Transparent Black Fan With Built-in Blue LED (WIND BLADE) - Rs. 410/-

    DVD ROM- LG 24x Sata Internal DVD Writer - Rs. 1100/-

    2nd Build

    CPU Build
    1. Processor-Intel i5-4440 Processor (3.1 GHz, 6 MB Cache, Socket LGA 1150) - Rs.12500
    2. Hard disk - Seagate 1TB Desktop Internal Sata Drive (ST1000DM003) – Rs.3900
    3. Ram - Corsair 8 GB DDR3 Ram CMZ8GX3M1A1600C1 – Rs.5400
    4. Graphic Card - Zotac GTX 650 2GB DDR5 Graphic Card – Rs.9200
    5. Cabinet - Cooler Master Chassis K350 Cabinet – Rs.3900
    6. Mother Board - GIGABYTE GA-H87-D3H Motherboard – Rs.8200
    7. Power Supply - Corsair VS 650 SMPS – Rs.4200
    8. CPU Fan - Cooler Master Hyper 212X Cooling Fan – Rs.2900
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