Chinese brand Xiaomi has reported that it has sold the 40,000 Redmi 1S units that were up for grabs earlier, in just 3.4 seconds during the third flash sale on Indian e-commerce portal Flipkart.

With the reported record sell-out in India, Xiaomi has managed to thwart Google's Android One effect in India at least for the time being.

Google's Android One smartphones were expected to dent a significant portion of Xiaomi's pre-orders during the latter's third flash sale held on 16 September. Prices of Android One smartphones in India start from INR 6,300 (£64, $103).

As usual, Xiaomi's third flash sale has attracted anger from 'prospective buyers' who could not get to pre-order their Redmi 1S units from Flipkart.

Xiaomi is now offering prospective buyers another chance to buy the 'value for money' Redmi 1S smartphones costing INR 5,999 (£60, $100).

Registrations for the 23 September flash sale will begin at 6pm IST via Flipkart (a major e-commerce player in India).

Click here to navigate to Flipkart, and register yourself now, to buy Xiaomi's Redmi 1s smartphones in the 23 September flash sale.

Key hardware aspects of Xiaomi Redmi 1S

Xiaomi's Redmi 1S is certainly a 'value for money' smartphone considering its fairly mid-range hardware aspects, and the INR 5,999 (£60, $100) price tag.

The smartphone incorporates a 4.7in IPS display, runs on the Android 4.3 Jelly Bean operating platform, and is driven by a 1.6GHz quad-core Qualcomm Snapdragon 400 processor along with 1GB RAM.

Redmi 1S also features an 8MP primary camera and a 1.6MP secondary camera. The device also provides users 8GB internal storage that is expandable up to 32GB via an external microSD card.

A 2,000 mAh battery powers the entire Xiaomi Redmi 1S smartphone.

Considering the fact that 'value for money' devices are embraced in India, Xiaomi Redmi 1S (at least on paper) looks to challenge the recently released Android One smartphones that are said to have a price tag of INR 7000, and the Motorola E that is priced at INR 7,000 (£70, USD116).