The 450 is light years more appealing to me than the warmed over Mahindra Faux-Star. As a clean-sheet design you are looking at possibly 35 HP and a 6 speed box, and it's highly likely it's running a counter balancer just like the new 350. I'm guessing maybe 375-400 pounds dry weight as there are plastics and modern electronics aboard. Some suitable street-oriented rubber, some soft luggage and you have an adventurer tourer you could actually pick up after a tip-over.
R.E. has a long history of multi-use engines, I can't see this as remaining as a pure dual-purpose powerplant. A dedicated street version could shed even a bit more weight and easily hit the "Ton". Maybe an affordable "Hayabusa" for Mumbai's sport riders? If it's relatively light it already has plenty of brakes, a smaller diameter "Scram" front wheel would amplify that.