Firstly have you defined your usage requirements?
What are you going to use your cellphone for (apart from calls and texts) & what you need it for, i.e multimedia, document reading editing, push email, office apps like OCR based scanners, financial calcs, schedule keeping, gaming etc etc?
I framed all of my requirements and then went and bought an E72 in Feb last year (disregarding HTC, and othher brand's android sets) as it met my requirements to the T. Great, timely html supported push email (can handle upto 10 a/cs), Office 2007 and outlook compatibility, a financial calculator app, an optical character recognition scanner etc etc. I paid a whopping Rs 37K for it at that time and the next day the price went to 42K! To boot it has pretty nifty multimedia capabilities. Like a friend said to me ''an N Series disguised in an E skin.''
Thing is before going for any phone, define your core needs and then spend.
Don't be seduced by all the performance promised in the world. Some friends bought HTCs at the same time as my E72, all have sold their Desires and HDs while my E72 is still going great guns. Why? Because they were seduced by all the 'shishkay' and forgot their core needs which led to a waste of money.
P.s don't go for the E7 atleast not yet. The firmware is extremely buggy and the camera even though 8mp (HD but fixed focus) is in some ways a regression from the E72 (5mp , Carl Ziess lense(Nokia site specs), Autofocus, OCR scanner etc etc). The memory is fixed at 16GB internal so no expansion options and a hard reset leaves you without purchased apps. Unless qwerty is really necessary for you, if buying Nokia go for the N8 as it's latest firmware gives it full document editing capability.