Official CyanogenMod 12.1 for Google nexus 4 Mako [UPDATED]

CyanogenMod 12.1 for Google nexus 4 is based on Android Lollipop 5.1.1. This is an official build and you will be getting daily OTA updates oce you flash this ROM.
CyanogenMod is a free, community built, aftermarket firmware distribution of the latest Android version, which is designed to add some more features, increase performance and reliability over stock Android for your device. CyanogenMod is primarily based on the Android Open Source Project with extra contributions from many people within the Android community.

If you are interested on Android Marshmallow builds then here it goes:
OFFICIAL CyanogenMod 13 Marshmallow ROM for Nexus 4 (Mako)
AOSP Marshmallow ROM for Nexus 4 (Mako)

Recommended files of CyanogenMod 12.1 for Google nexus 4 installation:

TWRP recovery guide for Nexus 4
ROM download link
Google Apps download link

Flashing CyanogenMod 12.1 for Google nexus 4:

Copy the ROM zip and the GApps zip file to your internal memory (By using a USB cable or via adb push command).

Reboot into recovery by pressing key combination or type the following command if you are on a PC:

$ adb reboot recovery

Wipe Data/Factory Reset
Format /system, clean Dalvik Cache (If you are coming from KitKat ROM) and then Format Cache

NOTE:
This step may delete all your data.
Consider backup your data out of your phone.
Data Backup guide

Select the Install Zip from SDcard option.
Select the ROM zip file where you have kept in the SD card and do the same for GApps also.

After this CyanogenMod 12.1 ROM installation you may want to enable ROOT access on your phone and here is how you can do that:
How to Enable ROOT Access on CyanogenMod 12/12.1