iPhone 16 Pro gets a massive discount. Is this the right time to buy?

The iPhone 16 Pro is now priced at ?1,16,300 after a discount at Vijay Sales, down from ?1,19,900. With additional bank offers, the effective price can drop to ?1,11,800. It boasts advanced features like a 6.3-inch display, A18 Pro chipset, and a 48MP camera.