Yes considering Redmi 4 Nokia 3 prices will surely drop in few months!!
Microsoft Lumia 550 windows phone launched at the same price more than 9K but Price dropped to Rs.6999 when I bought after few months.In the same way huge possibility of Price cut when it doesn't sell as expected it's just wait & watch before Prices fall as Redmi 4 more or less same specs sells only at Rs.6999.
There is one basic difference. Nokia's phone are offline where as Xiaomi is online so there is headache of flash sale, delivery waiting period etc. Xiaomi cannot deliver product at 6999 if it is offline as there are lots of retailers/distributors commission involve in it. So Nokia's price is not that bad
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