Hey all,
Seems like it was a bad decision to update the software to v1.2.1. There is some trouble with the display as in there is an overlap of display and it is straining the eye. Funny part is, the problem exists when I project it straight onto the wall. Things are fine when I project it to the ceiling. 
Definitely canāt look up all the time.
Iāll start with the āstandard procedureā of factory reset and if required cable restore procedure. If someone else is on same boat, or experienced same thing or has constructive feedbacks feel free to ping here. We shall try to figure it out.
I hope the image is clear and gives an idea about the trouble Iām facing.