Seems that the initial listed price for Asha 501 at official Nokia shop was incorrect and it has been revised to awesome Rs 5199 which is just 88 USD (to give you an idea)!! All the five colors are now on pre-order with Cyan already getting sold out.
Quick heads-up. Much awaited Asha 501 is now available to pre-order from official Nokia Shop in India. Priced at just 6000 INR, only Black model is available to pre-order for now.
Read more about Asha 501 by clicking the below link,