Yes HCL ME Tablet U3 is Under Rs 7000, as per my knowledge it is of Rs. 5099

Specification details of this Tablet are:

Network
Technology / Frequency Bands : MHz

Battery
Type Li - Po
Capacity 3100 mAh
Standby -
Talktime -

Built
Dimensions 192.8x121x9.5 mm
Weight 312 g
Form Factor bar
Colors Silver

Display
Size 480x800 pixels
Type color : TFT
Colors 16000000 colors
Secondary Display no

Camera / Imaging / Video
Camera Yes 2.0 Megapixel
Resolution 1600x1200 pixels
Zoom yes
Flash no
Secondary Camera yes

Secondary Camera
Flash no

Connectivity
Bluetooth No
Irda No
Wlan/Wi-fi Yes
USB yes
GPS no

Data
GPRS No
EDGE No
3G No
Internet Browsing Yes , Android Webkit

Media
Audio Playback Yes
Video Playback Yes
Ringtones
FM Radio No
3.5mm Headphone Jack yes

Memory
Inbuilt 4 GB
Memory Slot Yes microSD/TransFlash

Messaging
SMS No
MMS No
Email Yes

Software
Operating System Android 4.1