The Local has two options, XLI which is basic and GLI which is the Mid Specs. The Altis also has the basic and the elegance model. The local carry a non CVT Transmission and the Altis has the CVT Transmission.
Local comes Fabric interior and turn key start. Altis is push button start and leather interior. All Altis comes with alloy rims. Only the Local GLI comes with alloy rims and has 6 airbags as compart to the XLI Local and Altis which has only 2 airbag. Both the Local GLI and Altis comes with guiding lights (fog). In terms of safety and lower maintenance, you will be better off buying a Local GLi since the Altis CVT transmission required special maintenance which is costly.
Also the advantage of buying a Local is genuine mileage as compared to roll back mileage on the foreign vehicles.