It is probably the M1 note 5.0" and cover maker mistakenly wrote 4.7"
Without LTE it's not an upgrade for MX2 owners... Hope rumors about LTE are true.
Hope for NFC as well.
Glad it is 4.7" and not 5". There is already enough 5" phones.
Might hold off on getting a redmi 2 now and wait for this.