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This is an extremely competitive rate, especially the outstation appearances bit. Extremely fair for someone with 15 years experience.
If the lawyer is good, pay. He/She is going to pull you out from the mess you are in.
This is highly subsidised rate for a good Delhi lawyer with PQE 15

Had you hired a similar CG based lawyer, your costs would have been less than half.

There is drastic difference in Delhi and Chennai rates.
You are getting a good deal. Most lawyers with good education and practice will be expensive than this.