Sorry if that sounded like a bizarre Ad in a commercial newspaper (on a second thought, is there a newspaper other than commercial?)...
Did you check out the weekly Open Magazine from the RPG stable?
It is two week old and costs 30 bucks an issue.
I found the magazine to be much more closer (closer but not really there yet) to the GentleMan magazine of yesteryears from the Indian Express group.
A monthly, I used to luv Gentleman 'coz it was more offbeat, covering more about music, arts and lifestyle.
The magazine was blessed with an excellent editorial team which had the uncanny knack of publishing new stuff instead of stale news stories (like your regular weekly news magazines does).
But, Indian Express suddenly quit publishing the magazine in late '90s and I haven't seen anything closer to it till date.
Gentleman, had it been kicking alive today, would have been a decent answer to our eternal cravings for an magazine with a difference.
Whatever I have seen of Open in the last two weeks makes me feel that this magazine could fill that void, but still miles to go...