I have purchased this phone when it was launched on flipkart at Rs 5999 2 GB RAM+ 16 GB variant.
Due to market comptetion MI has launched this phone at Rs 5000 to attract customer and to earn more money from Indian Market.
Quality-Plastic used in phone is of very cheap quality.Within 15 days the back pannel corner get discolored.
Performance-The processor capacity is very low .It hangs when you run more than 2 application at same time also sound get stuck few times when u play music player.
Facing heating issue while charging or in heavy use.Mic and vibrator of the mobile is very low you will miss phone call in crowdy place.
Picture quality is not good at all, color and brightness is very low.
Even with battery 3000 MH it ends in 4 hrs in heavy use.
Don’t buy this phone.