Don’t be too concerned about the pricing as it is a premium product people like me will buy it anyways!
Hero ZIR has been displayed in its production ready version earlier but still does not have a launch date on its side. The only reason for the mishap was the EBR bankruptcy, which halted the research and further testing of their newly developed products. The most probable launch of the ZIR 150 would be after the launch of HX250R, which has also faced the same problems as the ZIR 150. You would have to most probably wait till the next year or you can consider checking its yet to be launched rivals like Honda PCX and Yamaha XMAX. Most probably, all of these would launch in a same quarter of the next year. ZIR would get a 14.1 BHP, 157.1 cc engine with an automatic gearbox. It would be priced upward of INR 85,000.