Though, the company has not officially announced this price cut but major e-commerce websites are now selling these phones on revised prices.

"Price drop on HTC One Dual and One mini new price 42990 and 29990," said a tweet by an online retailer There is still no further information whether this is a limited period offer or this discount is here to stay.

The dual SIM version of HTC One adds an extra SIM slot and a micro SD card slot to the smartphone. The device flaunts amazing 4.7 inches super LCD3 capacitive touch screen that boasts a screen resolution of 1080 x 1920 pixels. The phone gives 32GB of onboard storage for music and video storage along with the ability to expand it further. It runs on Android 4.1.2 with Sense UI and has a front camera of 2 mega pixel. Also, it is powered by Snapdragon 600 1.7 GHz Quad Core processor and 2GB RAM.

HTC One mini is installed with a 4.3-inch S-LCD3 display that possesses a resolution of 720x1280 pixels and pixel density of 341ppi. The device runs on a 1.4GHz dual-core Qualcomm Snapdragon 400 processor and includes 1GB of RAM. The handset features 16GB of inbuilt storage, which cannot be expanded further.