Prices are definitely coming down. Gigabyte RTX3080 is now available for 1.18L, Zotac one for 1.16L, Inno3D one available for 1.07L (offline prices will be lower). All these were priced above 1.4L about a month ago. Given that there are even less buyers now for top of the line GPUs, we should see further fall in prices. I believe gamers are not too desperate as there is news floating everywhere that prices will come down.
There are still some hyper greedy retailers (like MD Computers) where these cards are sold at 1.4L+.
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ZOTAC GAMING GeForce RTX 3080 AMP Holo LHRZT-A30800F-10PLHR Get Amplified with the ZOTAC GAMING GeForce RTX™ 30 Series based on the NVIDIA Ampere architecture. Built with enhanced RT Cores and Tensor Cores, new streaming multiprocessors, and superfast GDDR6X memory, the ZOTAC GAMING
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Some models of 6900XT are now available under 1.5L in some places (offline prices will be lower).