You haven't mentioned your preference in CC. But still at your budget you can buy a good 125 CC bike.
There are really few good bikes that are VFM
and has appealing aesthetic.
- Bajaj Pulsar 135 LS
- TVS Phoenix
- Honda Shine
Honda Shine has already proven its capability which is good at power and FE but the look is not appealing to the younger generation or preferably collage going guys.
Where Pulsar LS is very good at power but a little less on FE as compared to Shine but the look is really made for younger audience. Its a little brother of NS 200.
Phoenix seats between the above two. It also has good ride quality and some extra features. This bike is really built with in mind to stand out of the crowd.
Why I don't know but TVS is not much marketing this bike.
My Choice : TVS Phoenix.