Will PAL PS3 work on NTSC SDTV ?

My CRT TV supports only NTSC .I was planning on buying PS3 console here in India.But in many of the sites like flipkart etc i found only PAL PS3 console.Does it matter because i heard PS3 games are region free.

If i need to buy only NTSC console for my SDTV, then where can i get a NTSC PS3 in Bangalore ?