Ashwin,
To be honest, looking at your budget and plans, you would be far better off just making the disc type craft and fitting a simple leaf blower for lift and some thrust. It will easily carry 150Kg on a smooth surface (I've built one and it does!) and will probably perform as well as any of the craft you have listed (apart from going onto water like the UH6F).
Your choice should be the disc-type craft or a "proper" hovercraft that will have some functionality - none of the craft you show are practical in any way. To build a functional hovercraft your best (and lowest cost) option is to buy plans for a proven design. Spending more money (than the disc-type) building something in-between that has no purpose seems pointless to me.