Aswin, now even to study MBBS abroad, you have to qualify in NEET. So you still need to secure the aggregate required against your Category to be eligible to study MBBS abroad.  Now regarding the fees, Countries like China,, Philippines, Russia have lesser fees than most of the Private Medical Colleges. But once you complete your MBBS abroad and return to practise in India, you need to appear for FMGE which is the mandatory exam for all Foreign Medical Graduates of India. But the truth is only 10% of the Candidates who appear for FMGE clear the exam and secure the required license to practise in India. The best University depends on the country that you decide to study in.