According to the sources, The development of the game has been finished it’s currently on beta testing (bug fixing) phase. The game is being made on RAGE Engine so it will require almost same requirements as GTA IV.
Grand Theft Auto V System Requirements PC:
Minimum:
Processor: Intel Core 2 Duo 3.66Ghz or equivalent AMD Athlon equivalent.
Memory: 2 GB of Ram
Graphics Card: 512MB NVIDIA 7900 or 512MB ATI X1900
Hard Disk: 40 GB of empty space.
OS: Windows XP SP3, Windows Vista SP1 or Windows 7 SP1
Recommended:
Processor: Intel Core 2 Quad 3.66GHz or equivalent AMD Phenom X3 4.81GHz
Memory: 4 GB of RAM
Graphics Card: 1GB NVIDIA GTS 250 or 1 GB ATI 3870
Operating System: Microsoft® Windows 7 64bit Service Pack 1
Broadband Internet Connection
Let us know if your PC can handle GTA V smoothly!