Is it worth it to go to NMIMS Mukesh Patel School of Technology Management (MPSTME) by shelling 14 lacs?

One of my friends studied at NMIMS Mukesh Patel School of Technology Management (MPSTME). According to him, there are some things you have to know before enrolling:

• MPSTME has a very rigorous curriculum.
• The classes are conducted 6 days a week, for about 6 hours a day.
• You will have to maintain a 80% attendance to be able to sit for the examinations.
• 100% attendance is required for tutorial and lab sessions.
• 2 assignments per subject is given to the students every academic year.
• The teachers conduct regular viva sessions also.
• Students are also required to opt for co-curricular activities as well. 
• There are clubs and committees like Cultural, Technical, Social, Sports, Social Impact, Colloquium, etc. which they can be a part of.

Therefore, the overall atmosphere is very competitive. If you are studious enough you will be able to manage otherwise you will lag behind.