One of these retailers, Bhaap.com, will start selling the iPhone 5 in India from Friday, September 28. The site will make the smartphone available to customers for Rs 71,995. The deal on the website opens at 10:00 am and will only be available for 24-hours or until the very limited stocks last!

The price of Rs. 71,995 is for the 16GB version. No pricing details about the 32GB or the 64GB variant of the smartphones are known for Bhaap.com. 

At eBay.in, the price of the iPhone 5 16GB is Rs. 79,900 and the 32GB is selling for Rs. 90,750. You can take a look at the eBay listing of the iPhone 5 here.

Apple hasn't announced the iPhone 5 officially in India but speculations on the Internet suggest that it will be available towards the end of October or early November.

If you are one who can’t wait for Apple to officially launch the iPhone in India, 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 a few days ago. In the grey market in India, the prices of the three variants of the iPhone 5 is as follows: 

- 16GB: Rs. 76,000

- 32GB: Rs. 85,000

- 64GB: RS. 1,00,000

(Prices are approximate)