finaly i have got rid of t he stock panasonic double din music system because the display was giving problem even though everything was working fine.
This is what i have got
My old wish of having a storage rack is also fulfilled now 

Its a very basic panasonic with reasonable amplifier 33W X 4.
It has line in capability so most of the songs will come from my 60GB iPod. Also i have made a car phone out of it. In future i can install a changer if needed and a video screen is also on thec ards 
It has matched well with the interior and its illumination is also green like rest of the lights 
Looks good at night. Total cost with everything Rs. 2500/-
