Samsung has dropped the prices of its flagship smartphones in India the Galaxy S7 and Galaxy S7 Edge. Samsung cuts of Rs. 5,000 each from their launch prices. The Samsung Galaxy S7 will now sport a dealer price of Rs. 43,400 in India and S7 Edge will sport a dealer price tag of Rs. 50,900. Slashed prices are referring to the 32GB variants of the smartphones in the country, which were launched for MRP of Rs. 48,900 and Rs. 56,900 respectively. Samsung may have dropped the prices ahead of the availability of its flagship phablet in India, the Samsung Galaxy Note 7 which will go on sale from September 2. Pre-bookings for the smartphone began on Monday. Pre-bookings will carry on till August 30.