Some of my seniors studied at BITS Pilani and while they may not know much about the IITs, they do know that the funds the institute is receiving are helping it grow more and more. The campus is being renovated and more equipment is being bought for the labs.
For study projects, lab projects, thesis, and the students who work under the faculty will be interacting with the undergraduate students. The interactions can be instrumental in honing your academics and other skills for success.
Some other standout features are:
Hyderabad also has a number of popular institutes and is a great place for students who are currently and willing to pursue Ph.D. As BITS Pilani is still growing consistently, the fees are getting higher. The money is poured into the expansion of the institute.