Skoda Laura at Rs.11.99 Lakhs

Saw an advertisement today in Times of India.

The new Skoda Laura is being offered at an unbielevable price of 11.99 Lakhs *

I am assuming the star at the end means it could be the lowest end
model and ex-showroom price. But, that still makes this a terrific value.

If i am not wrong that looks like a straight 1.5 Lakhs dip on the base model.

What do you guys think? Is this price good enough to overlook their "supposedly" A.S.S and is a VFM product now?