Neha, I am myself going through a “should we really be friend phase” with someone.  I also happen to listen to the Baggage Reclaim podcast on occasion.  By coincidence, the author (Natalie) happens to make a post about friendship this week: https://soundcloud.com/baggagereclaim/ep-106-friendship-means-different-things-to-different-people

I listened to it attentively during my evening walk (I just came back and saw your post) and it was really helpful.  Hope it can help you figure it out as well. (oh and anita always has great advice and insights too 🙂 )