Budget 90k+ Lenovo ThinkPad T14 with Ryzen 4750U for 1.1 lakh - good deal?

I see the Lenovo India website offers customisable config of the ThinkPad T14 and I'm getting the following specs for about 1.1 lakh - is it a decent deal?

Ryzen 4750U CPU - 8 cores, 16 threads.
16 GB 3200mhz RAM (8gb onboad, 8gb SoDIMM)
512 gb NVMe m.2 SSD
14 inch FHD 250 nits anti-glare non-touch screen.
Fingerprint reader
Intel WiFi AX200 with BT 5
Ethernet port
2 USB A ports
2 USB C ports
Without Operating System.

Is this a decent deal for 1.1 lakh? Tempted to buy this now as I've been waiting for ages to get my hands on a Zen2 laptop - unless anyone has reason to wait for Zen3 models?

Website as I mentioned in the initial post, yet to check offline...

Alternatively I might go for hp if they have a 4800u option at similar or less price.

I'm inclined to get a ryzen 4800u 15w based laptop but could settle for intel i5 11th gen hp pavilion 14 which is just 63k for same specs except CPU and it includes win10 home edition seems much more VFM.