
Xiaomi recently released Redmi Note 3 in India (launched 2GB RAM 16GB storage and 3GB RAM 32GB storage variants. Now only 2Gb RAM and 16Gb storage model is available). Now they decided to launch the flagship model of the company the Mi 5 which they announced in the Mobile World congress 2016. The device was launched in China earlier which received more than 15 million pre-booking ,while Mi will be announcing the device in India on March 31, 2016.

The Phone specifications
Snapdragon 820 64-bit processor (32 GB - 1.8GHz ; 64 GB - 2.15GHz ; 128 GB - 2.15GHz)
3000 mAh Li-Po battery
3GB RAM 32GB storage,3GB RAM 64GB storage, 4GB RAM 128GB storage
5.15 inch Full HD IPS display with 1920x1080 pixel resolution
Corning Gorilla Glass 4 protection
16 MP primary camera supports 4K video recording and 4MP front camera
Android 6.0 Marshmallow based MIUI 7
Dual SIM
IR Blaster
USB Type-C port.

Watch the following video to get brief idea about the look and feel of the device
The price
3GB RAM/32GB variant costs 1999 Yuan that is INR 20473 approximately
3GB RAM/64GB is 2299 Yuan that is INR 23546
4GB RAM/128GB variant is 2699 Yuan ( INR 27643)
these prices are just conversion from the Chinese market value to INR. The actual price will be unveiled on the launch event .