Okay, I think I’m in perfect position to answer this. I’m about to complete my second year in this college.
The answer to the question lies in your question itself. Worth as in what do you want out of this college?
If it is core in-depth Engineering knowledge then my friend this is not the best place to be. If it is just a wild carefree party life, then you should plan on joining some Non B.Tech programe affiliated college(No offense intended to other courses).
Manipal University Jaipur will give you a balance between academics and extra curricular. It will give you ample of your personal time to foster yourself into what you want to become(other than Engineer). Manipal whatever it may claim in its brochures and pamphlets, it sucks in Placements and Internships(speaking from my branch I.e. Mechanical Engineering point of view). We have faculty ranging from excellent to mediocre to below average. We have good Research labs and facilities. I promise you can have Time Of Your Life only if you use it in correct manner and abstain yourself from falling into trap of negative things which is more or less present in all engineering colleges.