VFM means for same money how much value you get 
Compare Indica Xeta with say Wagon R or say Santro,
Xeta GLS is cheaper by almost 30 K. as you mentioned you get all features of the same segment at a lesser price then that car is a value for money.
See the premium segment: Honda Accord and Merc C class, apart from Merc name there is nothing that can match Accord, so accrod is value for me.
P.S.: Am a Merc die hard fan and wont consider any VFM if ever got a chance to have one. 
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