Apart from lack of 3G connectivity the phone gets very decent specification including 1 GHz dual core processor and 512 MB RAM and a 4.5 inch display with 854 x 480 pixel resolution which is high for this size of display.
The phone comes with NQ Mobile security solution with 6 months free subscription. Mi 450 is the second phone in the Smart Flo series with first one being 5 inch Smart Flo Pace 2 priced at Rs 6,999.
Indian companies like Micromax and Spice have been trying to reduce the price of large screen smartphones by introducing various combination like 2G only and smaller camera. Also, as a result of this move they are trying to address the consumers who are interested only in large screen and don't use 3G or don't use camera much.
The dual core processor coupled with 512MB RAM is good enough specification to offer decent performance to the phone. Display is also good with resolution on the higher side. However battery at 1,500 mAH looks slightly under powered. Android 4.1 Jelly bean should have been a better choice for OS too.