I am using Micromax A116 canvas HD since April 2013, that has android 4.1.2 jelly bean, and my experience has been good .
I bought it as soon as it was launched, so it costed me more as it had very less stock, but now you will get it within a very decent price range.
PROS:
1: the phone comes with a 5 inch HD display screen which gives you great video watching experience.
It is very light weighted and has a sleek design which fits your hand just perfect .
2:Touch of the phone is excellent with no lags what so ever, very smooth to use . You can multitask very easily with out any problem .
3: It supports almost all the latest games and gives you a fine gaming experience, supports most of the application in the play store .
4:Yes the phone comes with a dual sim capability that is one of the many features phone provides.
5:Sound quality is one I personally liked the most, it supports 3D sound effect that makes your favorite songs sound even better .
6:It might sound expensive for a Micromax phone, but it is totally worth for the kind of features it offers in that price.
CONS:
1:It has only 2 GB of internal space that is very less nowadays.
2:The biggest issue is you cannot use your phone when it is charging, it will hang within 5 mins and will be restarted, this is very painful .
3:Camera is tough 8 MP, but the picture way below average, and also the screen get scratches very easily so screen card is a must.
Conclusion:
On a whole, if you need a phone with all the latest features with great performance, with a decent price, Canvas HD is a good buy!