A Nokia official displays a new $99 phone in its mid-range Asha line at a launch in New Delhi May 9, 2013.
Nokia’s much awaited budget smartphone Asha 501 has finallly been placed up for pre-order on the company's official website with a price-tag of ₹5,199.REUTERS/Anindito Mukherjee

Nokia's much-awaited budget smartphone - Asha 501 - has finally put up for pre-order on the company's official website with a price-tag of ₹5,199.

Finnish handset maker had unveiled the budget touch-screen phone Asha 501 in New Delhi on 9 May, 2013. As promised the device is all set to go on sale this month in India.

Online shopping portal, Flipkart has also placed the affordable Asha phone up for pre-order, whereas Infibeam has listed the device as 'Coming Soon!'.

Nokia Asha 501 sports a QVGA (320x240p) two-point capacitive touch screen having a pixel density of 133 ppi (pixels per inch). It runs on the new Asha software platform v1.0 and houses 64 MB RAM and a microSD slot which enables users to expand memory space up to 32GB.

Striking feature of the Nokia phone is that it comes with high durable battery life which gives a power back up for 17 hours of talk time (2G) though it houses 1200 mAh BL-4U model battery.

Considering the specifications and its price point, the Nokia's dual-SIM Asha 501 will be competing against Samsung's budget Rex series smartphones as well as Micromax Smarty 4.3, Karbonn A6, and it might even cannibalize sales of its own older sibling - Asha 311 - which falls under the same price bracket.

Key specifications of Nokia Asha 501:

Model Nokia Asha 501
Display 3.0-inch QVGA capacitive two-point touchscreen having 320x240presolutions,pixel density: 133 ppi (pixels per inch)
OS Nokia Asha Software platform v1.0
Storage capacity Memory expandable up to 32GB
Camera 3.2-megapixel main camera having resolution of 2048x1536p with 3X digital zoom, no LED flash support(no secondary camera)
Network 2G
Battery 1200 mAh, talk time up to 17 hours
Add-ons Dual-SIM, Bluetooth v3.0, Wi-Fi (WLAN IEEE 802.11 b/g/n), USB v2.0
Dimensions 99.2 x 58.0 x 12.1 mm
Weight 91 g
Price ₹5,199/-