No it is Rs. 961 and it is selling everywhere in the world In Rs, 961 or lower,i think they have gone crazy.
Also check out prices of other nokia phones.
Nokia 1616 Nokia price Rs. 1253 their price Rs.1399
Nokia 1800 Nokia price Rs. 1443 their price Rs.1669
Nokia X1-01 Nokia price Rs. 1825 their price Rs.2199
Nokia c1-01 Nokia price Rs. 2175 their price Rs.2499
Nokia c1-02 Nokia price Rs. 1600 their price Rs.2290
Nokia 2700 Nokia price Rs. 3400 their price Rs.3699
Nokia X2-01 Nokia price Rs. 3460 their price Rs.3799
Nokia C2-01 Nokia price Rs. 3894 their price Rs.4269
Prices for these phones are around the Nokia price everywhere only letsbuy prices are impossibly high.some days back it was normal.don`t know what happened now.