Yes, studying at the University of Hyderabad is worth it. I have a few friends from the institute and here is their experience in brief. 

• The institute has recently signed more than 10 MOUs from all over the world.
• It provides freedom to the students. You can do anything you wish to pursue including politics, studies, sports, or the other activities one is interested in.
• The University consists of Twelve Schools of Study namely Humanities, Engineering Sciences & Technology, Management Studies, Mathematics and Statistics, Life Sciences, Physics, Sarojini Naidu School of Arts & Communication, Medical Sciences, Chemistry, Social Sciences, and Economics Computer/Information Sciences. These include both single-disciplined schools and attached departments and centers. The University promotes Inter-school and inter-disciplinary teaching and research on the campus.

So, overall choosing University of Hyderabad will be definitely worth it.