Raja,
From my own experience short-listing speaker in the last 6 months, i have understood that reviewing more than 5-7 speaker combinations is an absolute waste of time and money and may also confuse you in the end.
For VFM, the following FS speaker combination will stand out.
Pure acoustics RB6 (5.1 combination at just 61,000)
Sonodyne 2605 V3 (35k pair for FS)
Since your room is relatively small, FS would be an overkill. A very good bookshelf speaker combination with stands would be more appropriate.
Sonodyne SRA-2100 (These are active speakers with stands) - extremely good - 100k for a pair - that means they need their own power supply.
Dali Zensor 1 (5.1 solution bookshelf package)-100k
Monitor Audio Bronze 2 (40k for a pair of bookshelf)