2:38PM:  Here is the detailed price list of the new BMW 5 Series:
49.9 lakh:-530i sportline
49.9 lakh:-520d sportline
53.6 lakh:- 520d luxuryline
61.3 lakh:- 530d Msport

2:34PM: The BMW 5 Series 2017 comes with a redesigned chassis, for intelligent lightweight engineering and clever weight distribution for spirited driving.

2:12PM: The transmission responsibilities will be taken care of by an 8-speed automatic gearbox.

2:08PM: The 2.0-litre petrol engine is capable of producing 252bhp along with 350Nm of peak torque. The 2.0-litre diesel engine churns out 190Bhp along with 400Nm of peak torque while the 3.0-litre diesel gives out 265Bhp along with 620Nm of peak torque.

2:00PM:  Talking in detail about the engine specifications of the BMW 5 Series; the sedan will be made available with a total of three different powertrain options; these include one petrol and two diesel units. The petrol engine is a 2.0-litre, 4-cylinder motor while the two diesel units are a 2.0-litre, 4-cylinder and a 3.0-litre in-line 6-cylinder unit.

1:58PM: The 2017 5 Series comes with a 530-liters of boot-space. The space can further be increase by folding down the rear seats in a 40:20:40 ratio.

1:52PM: The sedan offers dual-zone climate control, which can be increased to four-zones as an optional extra. The system also comes with air ionization.

1:49PM: The BMW 5 Series, in select variants comes with heads-up display. This gives the information on current traffic conditions, navigation instructions, warnings from the driver assistance systems, phone lists and the track currently being played by the infotainment system.

1:31PM: Here is a detailed variant vise prices of the new BMW 5 Series
49.9 lakh:-530i sportline
49.9 lakh:-520d sportline
53.6 lakh:- 520d luxuryline
61.3 lakh:- 530d Msport

1:28PM: Price announced. The BMW 5-Series will retail at a starting price of INR 49.9 lakh with the top of the line version going for INR 61.3 lakh (ex-showroom).

1:14PM:  The BMW 5 Series will be made available with a total of three engines in India. These include one petrol and two diesel motors. There is a 2.0-litre diesel producing 187bhp, a 3.0-litre diesel churning out 262bhp and a 2.0-litre petorl giving out 248bhp. The transmission responsibilities will be taken care of by an 8-speed automatic transmission.

1:11PM: In India, the sedan will come in a total of three variants, these are to include the Sport Line, Luxury Line and M-Sport.

1:08PM: In terms of in-car entertainment, the BMW 5-Series gets 16-speakers with 10-channel amplifier. Other options are also available.

1:02PM: Talking about the features, the sedan comes with steering mounted controls, automatic climate control, electrically adjustable seats with massaging function, Dakota and Nappa leather seats, rear seat armrest with cup-holders, rear-air-con vents, a 10.25 inch touchscreen infotainment system, Gesture control, voice control among the others.

1:00PM: The BMW 5 Series will be produced at the automaker’s Chennai plant, where other model’s from BMW are also made.  

12:54PM: Talking about the interiors of the BMW 5 Series, the same are loaded with a number of features and creature comforts. With this new iteration, the entire design layout has been changed which comes with an up-market feel to it.

12:52PM: The 2017 BMW 5-Series is the 7th generation model of this luxury sedan and the 3rd from the Indian car market.

12:46PM: It is not only the aerodynamics, but BMW has also worked to reduce making the car as spacious as possible. The new 5 Series is measures  4,935 mm in length, 1,868 mm in width and 1,466 mm in height. The wheelbase of the sedan stands at 2,975mm.

12:42PM: BMW has worked extensively to make the new 5 Series as aerodynamic as possible. According to the automaker, the sedan has a drag co-efficient of 0.22, this is about 10 percent low than the its predecessor.

Moments to spare before the launch proceedings of the all-new BMW 5 Series is about to commence, stay tuned to India.com/auto for live updates straight from the launch event.

12:34PM: Towards the rear, the luxury sedan boasts of an aggressive stance. It comes with LED wrap-around tail-lamps, a stout boot-lid design and a highly augmented bumper, providing the 5 Series with a sporty stance.

12:28PM: The side profile is where the new BMW 5 Series resembles to the 7 Series the most. It gets the traditional BMW character lines, a coupe line sloping roof-line and the ‘hockey shaped’ design element of the door’s lower panels.

12:24PM: As you wait for the launch proceeding to begin, here take a look at the Live streaming, direct from the launch event of the new BMW 5 Series in India.

12:20PM: The 5 Series now comes with glass headlamps that feature adaptive LED lights. They also accommodate LED day-time running lamps which are in the shape of the ‘kidney grille’, providing the sedan with a distinctive look.

12:18PM: BMW has already commenced the bookings of the new 5 Series. It is expected that the deliveries will start from 1st of July, 2017.

12:14PM: To some, the new 5 Series might look a little familiar to its bigger brother, the 7 Series. That is because the latest iteration of the 5 Series takes quite a lot of its design inspiration from its elder sibling. That said, the sedan remains true to the German automaker’s signature aesthetic characteristics.

12:12PM:  The new BMW 5 Series comes with a whole array of updates an improvements over the older model. The sedan now sports a much more elegant yet sporty exterior profile while the interiors reek of luxury and creature comforts.

12:07PM: The 2017 BMW 5 Series was first unveiled at the North American International Auto Show last year. If you want to know what all does the latest iteration of this luxury sedan packs in, here is All You Need to Know about the new 5 Series.

12:02PM: Though the prices are not confirmed yet, but it can be safety speculated that the BMW 5 Series 2017 will fall in the range of INR 50 to 65 lakh (ex-showroom). BMW is launching the new 5 Series at a crucial time as from the 1st of July, the new GST ruling will come into effect, thereby decreasing the prices of vehicle in the luxury segment.

11:58 AM: The new BMW 5 Series will be unveiled in India in Mumbai at the National Sports Stadium by none other than the Cricketing legend, Master Blaster Sachin Tendulkar.

11:47 AM: BMW India is today going to launch the 2017 iteration of the 5 Series luxury sedan in the Indian car market. To be produced locally at the German automaker’s Chennai plant, the new BMW 5 Series will compete against the likes of the Mercedes Benz E-Class LWB, Volvo S90, Jaguar XF and the Audi A6.

The luxury sedan segment in India is today going to witness the arrival of an all new entrant, the new BMW 5 Series. Already populated by the likes of Mercedes Benz E-Class LWB, Audi A6, Volvo S90 and the Jaguar XF, this segment in the recent past has seen a marginal improvement. The new BMW 5 Series 2017 comes at a time when the GST tax regime is going to come into effect, under which, luxury cars will attract less taxes in comparison to the current scheme of things. The production of the latest iteration of the 5 Series has already commenced at the BMW’s Chennai plant with the deliveries to customers likely to start from 1st of July 2017. Also Read: New BMW 5-Series 2017 India launch LIVE Streaming: Watch online telecast and live stream of all-new 5-Series

The new BMW 5 Series gets a number of updates with this 2017 iteration. The biggest of which can easily be seen on the exterior profile of the luxury sedan. The 5 Series now comes with a design that takes some of its inspiration from the bigger and plusher 7 Series sedan. This update gives the sedan a mature stance. The front gets the traditional BMW wrap-around headlamps, sitting in the middle of which are the chrome surrounded kidney shaped dual grille. The bumper gets detailed augmentations, providing the 5 Series with a bit of a sporty touch. The side profile gets a streamlined design with the rear profile boasting of an aggressive stance. Also Read: New BMW 5-Series 2017 Launching today: Expected price in India, features & specifications

The cabin of the new BMW 5 Series is to come loaded with features and creature comforts up to the brim. The dashboard layout is clean and simple in nature; traditional BMW design. The upholstery is draped in leather, the colour of which you can choose. There are piano-black panels along with silver highlights scattered across the cabin adding a bit of character. The 2017 BMW 5 Series gets all the bells and whistles, it comes with a 10.25 inch touchscreen infotainment system, automatic climate control, dynamic cruise control, Navigation, Bluetooth telephony to name a few. Also Read: GST effect on cars: Hybrid cars like BMW i8, Toyota Camry & Honda Accord to get costlier by upto INR 45 lakh

The new BMW 5 Series will be available to choose from two engine options; one petrol and one diesel. The former gets a new 2.0-litre, 4-cylinder motor pumping out 248Bhp along with 349Nm of peak torque while the latter is a 3.0-litre, inline, 6-cylinder unit producing 335BHp along with 450Nm of peak torque. Both the engine will be paired as standard to an automatic gearbox. Also Read: BMW India offering cars with post GST benefits

Now to the price, the new BMW 5 Series is expected to start at a base price of INR 50 lakh with the top of the line variant likely to cost INR 65 lakh to own (ex-showroom).