Hi nishantd88,
Thank you for the advice! I do appreciate it indeed.
Your observation is right on the money. The quality of my work experience, the extra-curricular and volunteering experience are things I will have fall back on to weave a good story as my GMAT score, while in the average range of most good schools, takes a massive dip in its competitiveness when it is compared to those of other applicants of a similar profile (Indian Male Engineer curse).
I did in fact get in touch with
Aringo, Admisisonado and MBA Crystal Ball and got some well timed reality checks from them. I should be closing the final Consultant this week and jumping into the application process.
Regarding the dreaded question of the GMAT, I don't think I will be able to churn out another attempt. As much as I feel I can do better, taking the GMAT again would set me back in my timelines and that is something I won't be too keen to do. I do realize the implications that this would have. I will have to rethink the schools that I target and look for colleges outside the top 10 (though I will apply to 1 or 2). Further, I have had to come to terms that chasing pedigree is a very foolish way for me to think about doing the MBA. The way I perceive it, 3 years post B-school, my work has to speak for me and not only the brand of my college. And hey, if I really want pedigree, I can always go back to school for a specialization.
Lastly, I did read your debrief. It is most impressive! I really wish I had seen it before I had started prepping. Nonetheless, I feel the sentiment you shared in your debrief. I have a gut feeling that I can do better in the GMAT, especially in verbal but then again, I see it as a process of diminishing returns and just can't take the time out for it.
I have however decided to take the GRE once I am done and dusted with the B-school applications. It's a good weapon to have in my arsenal if I have to specialize later.
Thank you once again! May our paths cross someday

Cheers!
A