Samsung Galaxy S3
The Galaxy S3 released in India with a price tag of Rs 43, 810Samsung

Samsung Galaxy S3 surely emerges as a clear rival for Apple's iPhone in all the possible ways - in terms of trendy features, music service, specifications and pricing.

The Samsung's flagship Android-based smartphone, which was released in India on Thursday, dampened the pre-launch enthusiasm amongst the fans and sparked anger over the pricing, which have an expensive price tag of Rs 43, 180 that barely differentiated itself from the price of an iPhone 4S 16GB variant, which is priced at about Rs 44, 450.

What the Korean electronics giant might have undermined was that the Indians didn't anticipate an Apple from the Samsung.

Will the high pricing hit the sales of Galaxy S3 in India?

According to the sources since the Samsung India began to take pre-booking orders for Galaxy S3, over 18, 000 pre-orders have already been registered with the advance payment of Rs 2000, which is non-refundable. [Read: Know more about pre-ordering for Galaxy S3 and terms and condition]

Although, the initial offering sounds very expensive, the Tech2.in reported that the Galaxy S3 might be sold in the market for as low as Rs. 36,900 in the future and suggested to check out the local mobile stores for the best deal as well.

In the mean time, the online shopping stores that deal with gadgets have put up the Galaxy S3 on their websites for sale at a best price possible that it could provide at present. Flipkart and HomeShop 18 are among the prominent websites that are offering Galaxy S3 for less than Rs 40,000, lesser than the official price of Rs 43, 180.

The online stores, which are selling the next Galaxy, will start shipping from next week onwards. Another website, Tradus.in with price tag of Rs 38,500 for Galaxy S3, is also offering EMI option.  

Here, we have compiled the names of online website offering Galaxy S3 for less than Rs 40, 000:

The online websites that sells Samsung Galaxy S3 at Rs 38, 900 are Flipkart, HomeShop18.ComNaaptol , Junglee and buytheprice.com.

Indiatimes Shopping has priced the latest offering from Samsung at Rs 39,990 and Tradus.in offer price is Rs 38, 500. 

These are the websites that are offering best price on the Galaxy S3, at present.

The Samsung Galaxy S3 will come in three variants. However, only 16 GB will be available in India at present and could expect for 32 GB in the coming days. The 64 GB is very unlikely to be available in India.

The specifications of the new Samsung Galaxy S3:

Display: Super AMOLED capacitive touchscreen, 16M colors, 720 x 1280 pixels, 4.8 inches (306 ppi pixel density), multitouch, Corning Gorilla Glass 2, TouchWiz UI v4.0.

Size and Weight: 136.6 x 70.6 x 8.6 mm dimensions, weighing 133 grams.

OS: Android OS, v4.0.4 (Ice Cream Sandwich)

Processor: Exynos 4212 Quad chipset, Quad-core 1.4 GHz Cortex-A9 CPU, Mail-400MP GPU.

Camera: 8-megapixel with 3264x2448 pixels, autofocus, LED flash, HD video and image recording, geo-tagging, touch focus, face and smile detection and image stabilization.

In addition, there's also a 1.9-megapixel secondary camera, 720p@30fps.

Memory: In-built memory 16/GB storage and expandable upto 32 GB via MicroSD, 1 GB RAM.

Network: 2G Network (GSM 850 / 900 / 1800 / 1900), 3G Network.

(HSDPA 850 / 900 / 1900 / 2100), 4G Network LTE (regional).

Data Speed: HSDPA, 21 Mbps; HSUPA, 5.76 Mbps; Wi-Fi 802.11 a/b/g/n, DLNA, Wi-Fi Direct, Wi-Fi hotspot, Bluetooth v4.0 with A2DP, EDR.