These devices differ in screen resolution (1080p/1440p) and name (G27 and G27Q). Otherwise, these are two almost exactly the same monitors.
Both are 27 inches diagonal with a 165 Hz refresh rate. Both the G27 and G27Q offer 1ms response time, Delta E color space coverage. Both monitors offer 8-bit color depth, and the more expensive model has also received VESA DisplayHDR400 certification.
Other differences include that the Redmi G27 comes with a simple stand, while the G27Q has a fully adjustable 90-degree tilt and swivel variant.
It is reported that both models will first go on sale in the local market at 113 and 198 dollars. Then the devices are planned to be introduced to the global market.
Source: Ferra

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