Hi, I ordered this phone from flipkart.com on the 22nd of april 2015. the price is not so cheap actually. after paying the customs charges, it cost me around 10000. overall it is a good phone. I would still suggest everyone to wait till the phone is launched in india and not to order it from china as most of the sellers on alibaba dot com are fraud. Moreover you will also face difficulty translating chinese into english.
Pros.
The processor works fine. Battery is decent. touch is good.
I have bought 2 phones, 1 yellow and 1 white. white one is more beautiful.
the phone is sleek and looks good.
Cons.
Camera quality is not as good as a 13 mp camera. if you zoom in the pic, you will realize it yourself. the sound from the speaker is very low, so if you want to listen to music, you need earphones or headphones