Its hardly an year that Letv has introduced itself to india and booom the phones they sell here are simply outrageous. You will find a very powerful Mediatek Helio x10 processor under the hood which gives tough competetion to some wanna be flagship phones of other popular brands. And the UI is a bit different if compared with stock android but you will learn about it in a day.
The phone which I got 1 week back was shipped with Android 5.0.2 i.e Lollipop. I learned from a site that new models are now shipped with Marshmellow but dont know why I got 5.0.2 but its totally fine expecting a update. The camera qualtity is decent not that much of high quality but in this budget you are getting much more for example 3gb ram and 32gb internal storage. What more to expect? This phone has the fastest fingerprint scanner. The looks are pretty premium the feel is also premium. What lets me down is its battery backup. But its ok, the phone runs 6-7 hours on heavy usage. Almost awesome phone in this budget.