Am I missing something Hemant? I don't think Santy ever said "Ebay is the lowest price always, anyday!!". If he has said something like that it can never be true because Ebay is made up of hundreds of sellers selling the same product.
Check this thread started by Santy
http://www.hifivision.com/hot-deals/12342-ebay-discount-trick-works.html
I dont think so. Ebay sellers have no overheads like showroom rent / electricity/ maintenance/ salary etc. They usually sell at a cheaper rate. Not sure about Lamington road, do you get bills there? I think its a grey market, if I am not wrong?
Now this is ridiculous ...right? I have proven Ebay is NOT cheapest ,sometimes it is
BTW I suspected that he is NOT from Mumbai ,and yes he is not..

) He may not be knowing where our markets like Lam Road, Alfa, Heera Panna,Musafirkhana, Crawferd Market,Colaba etc are.

)
Also mind well may guys on Lam RD DO NOT Pay rent. THe places are bought ,20-30 yrs back when property was cheaper.
When a customer asks for a price and the seller does not have the product, the seller quotes an unbeatable price. If you say you want to buy, they will tell you to come tomorrow or later the same day as their stocks are yet to arrive. Truth is that, stock will not arrive and you will end up wasting your time and also go back thinking the other sellers are quoting high.
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This thing Happens? All examples awhich I gave are products which I bought with Receipt and warentee ,or I accompanied my friends to buy that stuff. In case of laptops the difference was 4 K(on price of 14 K) which justifies visit!In Mumbai ,least for me if product not available the answer I get is plain and simple not available, or I get the product. This things happened with AOC TV and Segate 2 TB HDD
There are also sellers who will sell for lesser with reduced warranty
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ANY PINPOINT EXAMPLE ?With bill and scanned copy of reduced warentee? Warentee has standard termsand duration and my limited expereince of channel selling never dealer asked me to reduce warentee to reduce prices..so can you tell the brand and dealer.
BTW segate had and maybe having similar HDDs with 3 and 5 yrs warentee ,but it was/is CLEARLY MENTIONED ON BOX and any person with normal eyesight and clear understanding of english can read it. So this is news to me....OR AGAIN SOME WRONG INFO PASSED ON ASSUMPTIONS?
There are sellers who will price something low and make up that money in another product
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Following of my purchases were sinle one at a time, from different shops
4 Laptops ( 2 for me 2 for friends)
5-6 HDDs
AOC Monitor TV
Thumb drives
So where the dealers made money?
BTW our local PC market in Navi Mumbai started giving competition to Lam Rd..Santy may not be knowing that market exists ( Thanks denom for updating prices)
Again last Diwali Lam RD laptop prices were RIPPED by big bazaar online . So much so that ACER put a notice that BB is not their dealer!