Last Sunday, I got an 8GB Transcend microSDHC card for the LG GS190 purchased recently. It cost me Rs.580 @ Mercy electronics.
When I compare it with the Rs.2150 I paid for 1GB 4 years ago (when I got my Nokia 6233), I'm amazed at how fast memory prices are dropping. Way to go!
Price comparison: Ebay.in has similar rates (Rs.585 to begin with) and Amazon has it cheaper ($8.14 onwards = Rs.364 @ 1 USD = 44.77 INR).