Hello guys, as the sources of Android 5.0 Lollipop are officially released by Google, and as a reaction many android devs have come into action. Android Dev Varun Chitre has successfully compiled Android 5.o Lollipop for Android One Smartphones which is very much faster as compared to Google’s official roll out of Android 5.0 Lollipop for Android smartphones.
Android 5.0 Lollipop Compiled for Android One Smartphones by Varun chitre consists of Android Lollipop for Micromax canvas A1, Spice Dream Uno and karbonn Sparkle V.
You may also like to read : Install Android Lollipop Playstore 5 on Android smartphones
Here are the screenshots taken by Varun after Android 5.0 Lollipop Compiled for Android One Smartphones by him. 
Do not forget to subribe to the website in order to get the Android Lollipop 5.o for Android One smartphone with Installation tutorial and also for other devices. Thanks to Varun Chitre for such a rapid pace development 🙂
This is not official but custom rom! If you want i will create tutorial for the same!