kittu1977, I've been using the Pioneer VSX-919AH-K since about 2 months now. A relative got it down for me from the US (turned out cheaper than Rs.20,000). Have been using it with a transformer (voltage change) and it is a good unit. I auditioned KEF speakers at PROFX. At that time, I heard the Denon 4310, which is quite a high-end receiver. And the KEF speakers sound equally good on the Pioneer VSX-919.
Just narrating my experience regarding the Pioneer VSX-919. By the way, the last time I checked, Pioneer were advertising only the VSX-519 on their website, which is the most basic model of Pioneer. Not sure, if the VSX-919 and 1019 are sold officially here.