And finally Moto G 2nd generation users can Install Cyanogenmod 12 Android 5.0.2 on their Smartphone . This is a new build in which all most every thing is working except RIL , sensors and GPS else every thing is working awesome ! Thanks to the dev luca020400 .
Hence Android 5.0 Lollipop is officially announced for Moto G 2nd Generation but Cyanogenmod os seems to be best among all the official builds !
Also see - Android 5.0 Lollipop Now Available For Moto G 2014 [XT1068] ( Flashable Zip )
The official Lollipop update will be soon launching in other countries but cm lovers are waiting for Cyanogenmod 12 apart from waiting for Official update .
Here is a video review of Cyanogenmod 12 on Moto G 2nd Gen -
Here are some ScreenShots of Cyanogenmod 12 for Moto G2 XT1068 -
How to Install Cyanogenmod 12 on Moto G 2nd Gen XT1068 -
Step 1.Install custom recovery -
Use this guide - How To Install Official TWRP ( Touch Recovery ) On Moto G 2014 [ Lollipop Compatible ]
Step 2.Copy the rom to your external sd
Step 3.Boot into recovery mode
Step 4.wipe davlik cache,data
Step 5.Select Install zip from Sdcard and select cm12 zip
Step 6.Install gapps
Also see Installation video -
Source - XDA