Sandeep fired a bogey-free round with all his birdies coming on the back-nine while Gulfam traded six birdies for two bogeys.
Venkkat Gautham was third at 69 at the Kensville Golf & Country Club near Ahmedabad.
Sagar Raghuvanshi, Mahesh Yadav and Sachin Chouhan occupied joint fourth place at 71.
The top 24 players (+ ties) will qualify from Pre Qualifying I, a 36-hole event, for the Final Qualifying Stage. There are three Pre Qualifying events in total.
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