The LG nexus 4 (read as raw power) has been making waves world over due to the sheer processing power it offers at half the price of its competition. It was only correct that the device sold out in minutes wherever it was launched on the Google Play Store. Now there are a very few countries where it was available from Google and the rest have had to deal with the higher pricing at which LG is offering it.
India is one such country but the device even though has not been launched officially in India, is being sold by some online retailers. It first got listed on ebay and it was priced pretty well. The 8GB variant costed around Rs.25,000 and the 16GB variant costed around Rs.28000 on Indian websites when it launched in USA, but later on the prices were increased gradually by the sellers seeing the demand. It still managed to get a sold out notice. And now if you were looking to buy it from elsewhere, it is available but at a higher price.