Just go for it without thinking much. This is very good phone which all features at lowest price.
Pro:
Looks are just similar to iPhone, especially with golden colour. Display quality is HD which is good in this budget.
It is powered by Snapdragon Processor which is ultra fast & you will face no lags using this phone.
Good Camera with editing features
Finger Print lock is a plus point
2GB RAM is also sufficient
MI User Interface is unbeatable
Good Battery Back - Last for 2 Days easily with normal use
Second space feature of MIUI is ultimate wherein you can create users on phone just like windows PC/Laptop
MIUI also allows you to use install same app twice & use them with different Id/login.
Down:
Little heating while running multiple apps.
No earphone comes with the phone. You need to buy earphones separately.