Hi Folks,
Some relief... This morning i obsereved the rusting part carefully and found that there is a manufacturing defact, a small hole was seen. I rushed up to a nearby shop and got some M Seal to fix the hole off. Now i did not discover any leakage. The bike looks perfact now!
However, i am still confused as to keep this bike or sell it off as a measure to prevent any further spend on it. Generally Bajaj vehicles have a life span of maximum 5 yrs without much maintainance expense.
I am also thinking of using metal paste to fix the problem temporarily.
Your comments welcome...