Thank you for reply altezzaclub.
I think it goes to around 52deg or something, in the K manual also total advance is mentioned around that I think. Anyway had a spin today and It was really good, no knocks good pickup, and smooth acceleration. Earlier I had to struggle to overtake since it took some time to spin-up the engine, now I can overtake smoothly. Have to check if the fuel economy has improved, I will update here.
I checked all around about the plug colors and its a mysterious case didn't found any other incidents like this on the net. I have checked the wires, contacts, switched the plugs, doublechecked the gaps, I guess it has something to do with advancing also, since earlier all 4 plugs were good. Also I have to check valve clearances, I checked the compression and its very low, around 106psi-108psi per cylinder, and 1-4 are on 106psi so there maybe something to do with that too.
Since there's no missing and engine runs smoothly at around 650RPM I don't think it has to do anything with timing, I will check and post with the findings.
Everything for pollution control system has been disconnected and air-pump doesn't work anymore so its removed.