People who are suggesting indus corolla i wonder who told them that it can be sourced in 5 lacs and that too in trouble free condition for atleast a 2 to 3 years. you dont get even an 88 corolla for this low in good condition.
@OP.. your best source can be Honda Civic 95 model often known as dolphin shape try finding it in good mechanical condition. another option could be suzuki margalla. but if resale is really a no issue for you then you can look up to nissan sunny 200 onwards model as well.