For whatever weird reason, Hero Honda persists in launching bikes with intermediate capacities. The latest is the 223 cc Karizma, just 27 cc short of the world standard, 250 cc. Why? Nobody seems to know.
The Karizma is indeed a promising bike, nevertheless. The 223 cc translates to a 0-60 kph of <4 sec, brilliant definitely. Looks remind you of the underling LML Adreno, though its actually a lot better finished. The rear portion looks too much like the CBZ and thus, jaded.
Buy it, and be the king of the road for 6 months. By then, you would have been already displaced in a coup by a new bike from Bajaj. Why spend 80 k, only to rule for a few months?!