Indian retailer Saholic has now started selling Lumia 720 for 500 Rs cheaper than official price of Rs 18999. There is also an free offer of 16 GB MicroSD card with the purchase. Retailer is promising delivery in 4 business days. While other retailers like Flipkart still have it on pre-order at slightly higher price, Saholic has price advantage along with sooner delivery promise.
Thanks Rehman for the Tip. Cheers!!