Yeah, Its true.What you have seen is absolutely correct..
Apple has confirmed the price of iPhone 5s 16 gb as 53,500 at the time of its launch in India.
Gradually the price has been decreased due to many reasons.
It has features like 8 mp back camera and 1.2 mp front camera and runs on iOS 7.
It has 1gb ram and 1.3 Ghz processor of dual core and it has a non removable 1560 mAh battery.
It has a very slim look with 112 grams available in 3 different kind of colors.
It gives user a great experience of recording on 1080p high definition video recording
In recent days the cost of the phone was between 28000-35000.
Now the cost has been gradually decreased to 18000 available on many online shopping sites.
Sites like mysmartprice are providing it for 17000 also.
It is available on amazon and flipkart at around 18,000, about 45 % of discount is being offered by these sites.
Hurry up to grab this wonderful opportunity to grab iPhone 5s at the cost of iPhone 4s.