I got its answer after searching a lot now, It can be done with a small trick
First For Basic Installation check magento office website.
Increase max file upload size up to 20M and enable more_rwrite and curl module in your PHP.ini and appache setting.
if you don't know how to make these changing search on google
After doing all these basic steps.
Now go to in your magento folder. Here My folder is
open Admin.php fine in this folder now find _shouldBeSecure function in admin.php file
and redefine the _shouldBeSecure function as
protected function _shouldBeSecure($path)
return ; // ie return false, say no to secure path as your localhostdoes not need it.
Now try to install your magento. It will work like charm .