Let me give you a view in to reality.
Buying what you want purely in england will end up costing about £600 - £800+ depending on where you go. Not many shops out there that I know of, only Bina musicals, JAS Musicals and Made of Music.
The shell on its own (kaali taali) will cost about £400. So lets say give or take £350 just to knock off a few quid. A remo skin will cost about £20 from JAS musicals where as online you can get it for £10 from drum stores. Dagga skin possibly an extra £10 - £15. Then you'll need to buy hooks (remember this is if you get a raw shell and do the WHOLE drum up your self). Hooks can cost about £2 each from JAS musicals for 9 hooks it would be £18. Then you need to buy rope £12 from JAS musicals. Then a belt which is £12. You also would need to get a socket/washer for the inside and the hooks which are £1.25 each so for 9 it would be £11.25. You would need a protection ring for the treble too which is £5. Also if you have no knowledge on dhols then they will tell you that you would need to "wood tune" the drum which is basically angling the edge of the wood on which the treble goes on for an authentic sound. They charge £7 for this.
Now for the mic, if you really want one and just set your mind on getting one 100% then I would advise a Shure SM57 which is about £80 - £100. Then the fitting of it will cost an extra £50 from JAS musicals.
So now total it up and you get £593.25 basically 600+ because I knocked off a few quid on some things.
You CAN buy this
[SIZE=78%]http://www.jas-musicals.com/sectrad/JasProductDetail.asp?ProductCode=D145A&ProductCat=4&ProdCatDesc=Drum%20Instruments[/SIZE] as its the closest your going to get to a pure kaali taali and its about £250ish. But then your going to have to add the remo skin which is 20 then buy the mic for £90 (give or take) and install it for £50 which will total to £410 but for england thats the closest your going to get to your budget for a decent drum
IF you can just go to india and get a cheap quality shell like moni said and do it up back in uk thats what I did. I got a shell from india put a Remo ambassador on it, mic'd it up for a total of £150. The shell is a kachi pakki taali with about 70% being pure solid pakki and it sounds beastly
can you get a black fiberskyn remo? I'll get a Kachi pakki dhol, with remo fiberskyn, a thick dagga skin, a lifetime guarantee, a mic (if possible) and that's it! Does that sound good? I'll go to both of the shops and see the prices. Does anyone have an idea on how much that will cost??