A home studio setup is something more than podcasting setup. Here you really need proffessional sound quality.
Do You need A Home Studio Setup?
Firstly decide if you really need a home studio setup. If you want to work a lot with MIDI and are more into electronic music production, then just a semipro soundcard and a MIDI controler will solve your purpose. But if you are more into recording stuff and mixing it, or want to make a demo recording to present it to some producer then you'll be needing a good home studio setup.
What Does A Home Studio Setup Consist Of?
This list can go endless, but we'll have to cut it down to our budget. Actually a decent setup should consist of a good sound card with atleast two inputs and two outputs, two good quality dynamic cardiod mic, a condensor cardioid mic, you'll need one more dynamic condensor mic if you are recording drums. You'll need proffessional audio cables, mic stands, and a set of proffession speakers for flat response monitoring. You will require a MIDI controller if you will be recording the keyboard.
Expenditure For The Above Kind Of Setup
Setup mentioned above will cost you around Rs. 75,000. Thats not your budget?
Then What To Exclude?
You can skip the speakers and maybe a condensor mic and your cost will come down to Rs 45,000. Now you cant exclude anything from the set. Coz the things left are the things without which you cant work. And if you exclude anything, then that setup wont be called a Home Studio Setup, it will be a podcast station. Soon I'll be informing you about sound cards, mics, speakers and all equipments in detail.
Never Hurry
Never be in hurry while buying audio equipments. First make a lot of research on audio products on the net, once you get a product suiting your requirement go to a nearby dealer and ask for demos of those products. If you you dont know much about pro audio equipments then educate yourself first. Learn what are different types of sound cards, different types of mics, why a mic is called cardioid, or why it is called dynamic, or why it is called condensor. If you have any queries and doubts, feel free to mail me at sig.quadros@gmail.com(Sigmund Quadros) or sharishabh@gmail.com(Rishabh Shah).