I have a few friends from LNCT and here is their insight on the institute. 

• All of the colleges in the LNCT group are more or less the same in every way, including the majority of the faculty.
• All three (LNCT, LNCTS, and LNCTE) are on the same campus. You will have similar college events, such as tech fests, etc.
• Most importantly, when it comes to placement, you will be considered the same as LNCT students, and there will be no discrimination.
• Unlike other colleges, in LNCTE, you will have to conduct your experiments in the lab. 
• The books in the library are standard textbooks that are useful for a student who is preparing for a test.

So overall it is a good institute. Go for it.