Depends on what your definition of ‘expensive’ is. Do you think Rs. 3.15 Lakhs (tuition fees) a year, excluding hostel and mess fees is expensive? Then yes, it is expensive.
However, according to my experience, the exposure students get in terms of academics, entrepreneurship, technology, etc. it is worth it. Students get to interact with people from other nationalities and cultures helping them develop their people-skills.
Manipal is a ‘work hard, play hard’ kind of a college. It grooms you into an all-rounder by the end of 4 years.