This Phone is under budget for me It is killer note because it have 2 gb ram, K3 Body is not bad its looking good, K3 Sound is very good Dolby sound, Battery Backup is very good and 3000 mah battery charging is fast, K3 note heat haevy for me and it not leg and overall K3 is killer note.It is a decent phone for the price lenovo is asking for but I and a few here have had issues with its battery. On the contrary there are few who are content with its backup.
Also, there has been heating issues reported by few users.
So, may be you can do some research before going in for it.