For all those who have been patiently waiting, the new price for the PlayStation 3 80 GB model has been announced. The PlayStation 3 80 GB prices have been set at Rs 19,990, a clear 20 per cent drop in price. To make the purchase even more attractive, the PS3 80 GB will be offered with 2 Free Games along with: Uncharted: Drake’s Fortune and GT5 Prologue.

So for all the people who are looking at entering into the new habit called gaming, this festive season across India is the perfect time to take the plunge. All the current Playstation models will have attractive freebies and affordable price tags attached to them.

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Sony Corp will launch a slimmer, cheaper version of its PlayStation 3 game console next month, hoping to jumpstart sales and win back market share from rivals Microsoft and Nintendo.

Starting in September, the latest, less bulky version of the PS3 will be rolled out at $299 in the United States, 299 euros ($422.7) in Europe and 29,980 yen ($315.6) in Japan, the company said on Tuesday.

That represents a major price cut from the existing PS3 models, which runs between $399 to $499.

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Stay tuned for more.