I'd go with a Hero Honda was called Unicorn (similar to a CBF150). They have I think 180cc version. Seems they are called Karizmas now, the ZMR version looks cool, not sure about the fairing though! 223cc fuel injected, should be pretty fun.
I had a Chinese made (Sundiro) Honda CBF150 for two years, 25,000 kms one seal on clutch cable ($4), and new rings at 25,000 kms ($20). Good enough reliability for you?
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