within 5 k, i doubt. You have to run around to get the material, go to lathe, welder etc to get it done as per your liking. Your time, transportation cost etc should be taken into account.
One of my friend got it done through a well known person and the total cost was around Rs.9 K as per his design and spec.
Nazeer, the person you have referred, is he operating from thousand lights. Because I went saw the same model with a gentleman at thousand lights. IMO, it is not worth for 10K.
You may contact Mr Murthy, bangalore and see his rack, compare and then decide.
cheers