Without any doubt.
It is not just an educational institute but an entirely different world. The amount of freedom bits offers to its students can surely not be found in any other colleges in India.
You are completely left on your own to make decisions and live the way you choose. No attendance is just one of the many features it offers. It completely depends on the person how he/she moulds themselves and spend time.
The education it offers is way way better than what I’ve seen being provided at other colleges (including some IITs). And yes the faculty is highly qualified including some of them currently in national projects.
Plus, the crowd you get there has come entirely on merit and no reservation which means you are getting the best of the brains(do not confuse this with only NERDS) of the country and trust me your company/circle influences you alot!