Lumia 720 hasn’t even been on pre-order in India at major retailers and official Nokia Shop. But at eBay, it is already being sold by one retailer that too at great price of Rs 16399. It is really cheaper than even expected price of Rs 18499 in India. The listing says already 20 have been sold, so may be it is authentic!!
Lumia 520 has been priced very aggressively by Nokia in India at Rs 10499. Now, UniverCell has got it even cheaper at Rs 9899 :). Can you imagine a Lumia WP8 device already below Rs 10000.
Thanks Sri_tech and Rehman for the tip. Cheers!!