At first these strange lights were dismissed simply as lanterns but they appear to move in a different pattern than lanterns do. You can watch the video and judge for yourself. There is also a link to the full story after the video.

Bangalore, India – A couple in Domlur, Bangalore, India had just returned from a trip to a local shopping mall on February 4, 2012 when they experienced a UFO sighting. It was 10:28 p.m. when they spotted the first UFO in the night sky. It was 10:45 p.m. when the last unidentified flying object finally disappeared from their view.

According to Cactus2015, one of the two witnesses initially dismissed the mysterious lights as Chinese lanterns because she had seen the lanterns in Kolkata, or Calcutta, in the past. The other witness observed that the lights were moving differently from Chinese lanterns. That's when the couple brought out their camera and began to record the orange and red unidentified flying objects as they passed overhead.

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