Intex iRist android smartwatch feedback and review

Intex just launched their first smartwatch and its too cool, I am loving it already. The watch comes with sapphire glass which is costliest and strongest glass , it is water resistence , has bluetooth, wifi, gps and has ability to sync with phone.
Here are full details. It also works as standalone phone.

http://etalkindia.com/attachments/ga...irst-watch.jpg

Technology

Android OS,4.4.2 OS
GSM/WCDMA
Single Sim Support
1.2 GHZ Dual-core Processor
MT6572 Chipset

Storage

4GB ROM
512MB RAM
1.3GB (approx) Memory In Built ( customer Use )

Camera

5MP Camera ( Rear)
Scene mode, Zoom, Video recording upto 720p, Image capture while Video recording, Color effect, Shutter sound,face detection,self timer

Battery

Li-polymer Battery
Upto 240 mins Talk Time
Upto 200 hours Standby Time

Connectivity

GSM:900/1800/1900, WCDMA:1900 or 2100 Operating Frequency
Bluetooth, 4.0
Wi-Fi
HSDPA/HSUPA/ EDGE /GPRS / WAP
Tethering & portable hotspot, Wi-Fi / Bluetooth /USB
GPS/ AGPS



Guys, do you think it is a good buy at Rs. 11,999 , it is a big amount considering today's phone things, you can buy a very very more powerful phone with less than Rs. 10K , for that price I can buy Moto G 3rd gen which is by far best smartphone recently in all fields at that price point. I think if it was around Rs. 5K to 6K then would have been nice deal and I think its because of price I am asking advice here..

Cool gadget and for price, if you love it then buy it but I also agree with you that it should be in 5-6K price bracket. Please do share your feedback if you purchase this watch.