I believe Selling Domains is going to be and will be a huge learning process, especially for those who are not full-time professional domainers.

There is nothing wrong in those who originally registered a Domain expecting good returns from selling them. The same not withstanding, what one shouldn't forget is that there is always considerable gap between the 'Perceived Value' of domains from the perspective of the buyer and seller.

Added to this, by and large, buyers will consider paying well only if a reasonable time has passed since the domain was originally registered. Even in this forum (apart from the ones I have seen elsewhere), you could have noticed buyers asking for domains registered 4 or 5 years back.

May I humbly suggest that you should look way beyond just recovering the cost of registration. A year's registration just costing the price of 2 or 3 people enjoying a movie in a multiplex with snacks, it is worth to learn the tricks of the trade and leave a trail in the Indian domain industry.

I wouldn't be surprised if few or some of them in this forum and similar forums in India are going to the pioneers of .in domains who not only made a killing but also left a blazing trail in 7 - 10 years down the line :-)