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A multitude of online vendors, such as eBay, Tradus, and rediff, are selling the iPhone 5 in India before its official launch, but the device is priced at a premium.
On shopping.rediff.com, the factory unlocked iPhone 5 16GB is available for Rs. 54,990. On Tradus, the factory unlocked iPhone 5 16GB is available for Rs. 59,500, the 32GB variant is available for Rs. 73,599, while the the top of the line 64GB iPhone 5 is available for Rs. 86,699.
On eBay.in, the 16GB iPhone 5 starts for as low as Rs. 54,999.
The iPhone 5 has seen heavy demand in India even before it has been officially launched in the country. If you are one who can’t wait for Apple to officially launch the iPhone in India and don't want to shop for the device online, you can pick one up from the grey market today. The first iPhone 5 was sold in Khan Market, New Delhi for a whopping 1.35 lakhs in the week of its official US launch.
Apple is expected to launch the iPhone 5 in India within the next two months and the smartphone may be priced at roughly Rs. 45,000 for the 16GB variant. As a consumer are you willing to pay Rs. 10,000 premium for a device that will be officially available in India in the next two months? Besides, you may also consider that Nano-SIM cards aren’t officially available in India yet.