Summary of the event:
13 June, 2012. Mumbai: The Event began showing a presentation about DSK, and its history. GT250R's Pricing was announced to be Rs.2.75 Lac Ex Showroom Delhi. This price is costlier than both Ninja 250R and CBR 250R. GT250R is to hit the showrooms in 5 days. Deliveries are to Start within 1 month. Number of Hyosung Dealerships in India to be increased from 18 (currently) to 40 by the year's end.
Check Anant's posts (Antz.bin) on page 1 or 2 of this thread, for pics from the event.
Here's a small video from the launch, you can see Mr. Shirish Kulkarni, Director DSK-Hyosung, talking about the pricing and his plans to bring the cost down.