After the long wait and enormous expectation this the first look at the new bajaj Pulsar 2012. This was spotted near the Bajaj factory in Pune and photos were taken when the bike is being tested on the public roads heading towards Nashik Phata.

These bike in picture were spotted on the new Nigdi-Nashik Phata highway. At the first look it seems like the Pulsar 135 LS , But have closer look . The bike has monoshock ( first for any bajaj range bikes) and if you take even more closer look you will see orange tag on the crank case and KTM written on it .
So the engine is taken from the joint development of Bajaj-KTM 125 Duke ( just a guess) . The rear wheel still has a drum brake so the bike will in line of 125cc to 150cc. The tail lamp looks similar old line of Pulsars.

Some design references taken from Kiska Designs 125cc Duke. Like the Front fender and the headlight design. The speedo was not able to be seen so cannot comment on one. The tank seems similar to the current pulsar range (p200). The interesting parts are the Rims similar to the baby Duke 125 , Lets hope this not the new Duke 200cc for India. That will be a big no-no from the KTM fans in India.

Source - newbajajpulsar