Reasonable,depends on the guitar you are looking for,the brand and the purpose.
the Yamaha F310 (which is acoustic) is a good one to start learning/playing with (that was my first guitar). Should be about 7k or thereabouts at Credible Sounds or Assanands
The F310A is electro-acoustic - about 13-14k.
Have a look at
www.musiciansfriend.com to get a feel for the popular brands...
The shop at Yaya tends to be slightly pricier - (It's Yaya after all :) ),but they have good guitars (last time I checked).
There was also this shop next to Jeevanjee,but they have the likes of powerbeat which I don't like :)