Xiaomi MI3 as of now is listed on Snapdeal website without a price tag and with the product not available status. Snapdeal has listed the 16GB version, in fact the MI3 64GB is already available on ebay.in for Rs. 29,999 and 16GB for Rs. 24,499.
Snapdeal has recently listed the Xiaomi MI3, most probably the stock will be available soon. Xiaomi has not yet entered the Indian market, and I am not sure if they would go official within few days or months.
MI3 is a single SIM handset with 3G support. Screen is LCD IPS of size 5 inches with 1920 x 1080 pixels resolution. This handset runs on Android 4.2 and is powered by qualcomm snapdragon Krait 800 2.3GHz quad core processor coupled with Adreno 330 GPU.
There is no external card slot. As for the memory and storage there is a 2GB RAM and optional 16/32/64GB internal storage. This smartphone packs a 13 megapixel camera with auto focus, HDR and image stabilization options (to name a few). There is dual LED flash support. Front camera is 2MP resolution. Both the primary and the secondary cameras can shoot 1080p videos at 30fps.
Key features are 3G (42Mbps), 2G (EDGE/GPRS), Wi-Fi (a/b/g/n/ac) direct / hotspot, Bluetooth 4.0, micro USB 2.0, NFC and GPS with A-GPS & GLONASS. There are accelerometer, gyro, magnetic, light, barometer and proximity sensors.
Xiaomi MI3 comes with non-removable Li-io battery of 3050 mAh capacity. MI3 now listed on Snapdeal (not available yet) but you can get the 16GB MI3 on ebay.in for Rs. 24,499 and 64GB MI3 for Rs. 29,999.