Digit visited retailers in Pune inquiring about the PS5.
One retailer told Digit that he can arrange for a console but it will cost Rs 90,000.
The retailer said that he sold the PS5 for Rs 1.15 lakhs during the launch window.
Update: 27 November 2020: 12 PM: We visited some more retailers in Pune to inquire about the PS5. One retailer started quoting a price of 1.1 Lakh before settling to sell the console for Rs 91,000. He also highlighted that the console comes with a warranty. As reported by MensXP, a PS5 purchased internationally, or from the grey market doesn't have India warranty. When we told the retailer that Sony doesn't offer warranty for the console not purchased officially in India, he went on to clarify that it was a US warranty. For the unassuming customer who wants to pick up the PS5 from the grey market, please do not be filled by the claim that the console comes with an international warranty.
Original Story: While the PS5 has an official price in India, the launch date seems like a distant dream. Sony India may have their lips sealed as far as a release date is concerned, the grey market is selling the PS5 in India for an exorbitant price!
Digit visited known games and console retailers in Pune to inquire about the PS5. On the evening of the 24th of November, the retailer told Digit that he can arrange for the console for Rs 90,000. When we told him that the official India price of the Disc Edition console was Rs 50,000 and Rs 40,000 for the digital one, he said that the unit he was selling was an imported one and that the console isn't officially available in India.
We tried to haggle with him to bring the price down to 80k or lower, to which he said we should come back in a couple of weeks and the price of the console would be thereabout. He says that the console should be closer to its India official retail price by January as that's when it is “expected to launch officially”. This isn't too far from what we are speculating as the PS4 launched internationally in November 2013 and in India in the first quarter of 2014.
When asked if there was a demand for the console at such an inflated price, he said that he has sold some consoles, but didn't give a definitive number. The inflated price of the console is the same that has been reported by others in India.
The PS5 has been sold out worldwide. In the UK, Amazon delivery agents have been stealing PS5 and customers have been getting random objects instead of the gaming console. You can learn more about it here. In the UK, PS5 scalpers manage to snag almost 3,500 Units and are selling them for more than twice the price of the console. You can learn more about it here.