No .. it isn't .. it is for home use. There is no such thing as a cheap drill that is also a good drill. You NEED things as a pro that the cheaper one will not do. Variable speed .. the right mandrills. reverse action .. high rpms .. no noise no vibration etc. A home machine will not have those features.
Ok I did wonder! There seems to be ones for like £15.00 off eBay and then nothing till £300! Nothing inbetween