[What Bike]: Please suggest a budget commute bike with good stability and breaking.

Hello!

I am new around here and to the bike world! I have never owned a bike but have a little riding experience on borrowed bikes.

My college is about 25KMs from my home and I want a cheap commute. Here are the details:

1. Budget: about 40-60k
2. Age: 18-24
3. Height: 5 feet 11 inches
4. Weight: 77 Kgs
5. Intended usage: College commute
6. Fuel Efficiency requirement: The best I can get
7. City & Highway percentage usage: 50-50
8. Approximate Daily / Monthly running: About 1000KMs per months
9. City of residence: Jaipur
10. Bike type preference: I would like a very stable bike that remains in control and breaks(decelerates) on demand.

I apprecite you efforts to answers.

Thank you!