The iPhone 6S will cost you Rs. 1 lakh in the Indian grey market

Apple just announced some drool-worthy iPhones but unfortunately, they won't be launching in India on September 25, which is the day that they will go on sale in over a dozen other countries including the United States. If you must have the iPhone 6S or the iPhone 6S Plus -- and have deep pockets -- you will be able to pick one up from the Indian grey market for ₹ 1 lakh (or more).

New models of the iPhone 6s are seen displayed during an Apple media event in San Francisco. Photo: AFP

Apple just announced some drool-worthy iPhones but unfortunately, they won't be launching in India on September 25, which is the day that they will go on sale in over a dozen other countries including the United States. If you must have the iPhone 6S or the iPhone 6S Plus -- and have deep pockets -- you will be able to pick one up from the Indian grey market for ₹ 1 lakh (or more).

A report in Economic Times, which includes quotes from grey market vendors in Mumbai's Heera Panna and Crawford markets, Delhi's Gaffar market, and Kolkata's Air-Conditioned and Fancy markets, says that the new iPhones would be available in the grey market within two days of their US launch. Some of them have even started taking pre-orders. They say that their agents in the US will place orders at Apple Stores in the US when the company starts pre-orders on September 16 and ship the phones to India within a couple of days of the Septemer 25 launch.

'The price will be around ₹ 1 lakh initially, but it will come down after the company announces the official launch date. We have started getting enquiries,' a mobile store owner the Mumbai's Heera Panna market told ET. It turns out that the brand new Rose Gold model is the most popular and is expected to fetch around ₹ 10-15,000 more than the other variants.

This premium price window is likely to be narrow, however. Apple is expected to launch the new iPhones in India around the second week of October with prices starting from ₹ 65,000.

Would you pay these prices to get an iPhone 6S or the 6S Plus early?