Honestly this re-badged Derbi is not a bad looking bike. I see myself riding it every weekend. Even though it's not an actual Derbi, I still think I would buy a slightly used one after it has devalued a considerably for around 200,000 Rs.
I do think, this bike will lose a lot of money on resale. For just under 200,000 Rs, it's a great weekend bike with fancy looks. I wouldn't pay 300,000 Rs for a new one though.