That beacon system won't work for what I was describing, mainly because the IR receiver modules they are using won't give back an intensity (varying voltage) level. The schematic though is close to what is needed; the IR receiver modules would just need to be substituted with IR phototransistors connected to the analog inputs of the Arduino (honestly, you'd want to make these devices completely separate from your Arduino - basically build them with a "standalone" Arduino-ized ATMega328 substituting for the PIC in the schematic).
I'm not a electronics guy to build something like that on my own , Can anybody help me out with the components required and circuit design for this so that I can get it done locally . I really need this sensor . Its not accurate on the web.
Then you better hire somebody to build this for you, as this part is fairly minor compared to the rest of the robot. Really, the schematic given for that beacon is close to what you need; just substitute in an ATMega328 for the PIC, and use IR phototransistors in place of the the IR receiver modules (more or less), and hook them to the analog inputs (so you can measure the intensity of the IR LEDs). The cost of LEDs and IR phototransistors won't be a great amount.
However, I tend to wonder about the fact that $30.00 is too much for you for these modules, but if you bought parts and hired somebody to build them, that's going to end up being cheaper? Maybe; I don't know where you are located - maybe labor is super-cheap where you're at...
You are not likely going to be able to do this "plug-n-play" - this isn't Lego. This is going to take design, time, and a lot of programming effort. If you want it to be inexpensive, you're either going to have to learn how to do this yourself, or find somebody who can help you that will work for peanuts or nothing. Note that each of your robot chassis are likely going to cost more than these sensors...