Another thermocol plane I built flew well.it is so easy to fly that you don't even need sim practice at all!.I'll post the build plans. (My own plan)
SPECS:
AUW=214 gms
MOTOR- motrolfly DM2204 1600 KV(19gm from Kinetic Hobbies)
ESC- 12 Amps Mantis (10gm from Kinetic Hobbies)
propeller- 8*6 E composite (from Kinetic Hobbies)
Lipo- 500 Mah2S  Turnigy from Robu.in
light weight undercarriage from RCSportz
3.7 gm servos*2 from eBay
5mm depron from edall hobby
2cm thick (usual) Thermocol , wrapped with thin plastic sheet used to cover food, Hotwire cut to aero foil
3mm carbon fiber tube to strengthen the wing from RC sportz
Rest all craftsmanship

Wing 80cm* 20cm tip dihedral.

I built a power pod to mount the motor so that the CG can be adjusted perfectly.

Good job ......great to know about home built plane........lookin forward for more models.......goodluck rcing!!!!!

Yes sure I have few more Thermocol left But the biggest problem I face now is how to keep the models safe? Any one with any good idea?

Build plan

TxRx is Turnigy 5Ch from HobbySea

And here's the flight vid
Perfect trim for the limited space.

nice , post "how-to" video.

Hi, every detail already posted. What you need is to take a ruler, draw the plan on depron or Thermocol or coro, stick all parts together, attach all the electronics, do a test flight. That all! If any difficulty at any stage, just leave a query.You'll get the answer.

Slightly large build( at the cost of more weight) but better aesthetics

wow thats a great build man.. good design! and good job!

And this was my trimming guide
http://rc-airplane-world.bmobilized.com/?task=get&url=http%3A%2F%2Fwww.rc-airplane-world.com%2Ftrimming-your-rc-airplane.html

I keep slightly up elevator as default for the plane to climb easily ; a little bit of rudder turned left ( or even the motor angle); CG between 1/3 to 1/4.

Thanks Angad! It is really very to fly model! Best of mine so far! Took only 4-5 hours only to build!

Most important part of an RC plane? Yes,it is the wing. And one of the best beginner designs- look at the pic below. Fuselage could be of any shape; less weight, the better. Motor and prop size should be calculated, based on AUW,wing span and area. Another important thing is a propeller properly connected to motor shaft, but many a time you may find difficulty there. So the best way? Make sufficient space for the prop to be attached, then apply a bit of hot glue, immediately press the prop to the shaft,you'll get a perfect impression so that the prop won't wobble. If you made a perfect wing and a fuselage with less drag, the utmost task- fine tune CG @ around 1/3 distance( a bit to its front) from LE of wing. It'll fly to your satisfaction,I promise.

If no CF rod available use a small piece of Balsa wood instead to strengthen the Thermocol wing.lightweight and very strong.Attached to the wing using hot glue! (After it is cooled ) and covered with thin food wrap.