According to my friends at DAIICT, it is definitely a better choice among the two. Considering factors like placement, brand reputation, and coding culture. 

The points below give a brief overview of some of the advantages of choosing DAIICT over SVNIT.

• According to some professors of SVNIT itself, DAIICT is a better institute for CSE and IT, compared to SVNIT.
• The overall placement statistics of DAIICT are far better than that in SVNIT, with more high-paying jobs offered in the institute. 
• DAIICT doesn’t have as good a reputation as NITs in India. But, in companies like Amazon, MAQ, Morgan Stanley, etc, DAIICT has a far better reputation than SVNIT.
• There is an excellent open-source coding environment in DAIICT. 
• The number of GSoC entries from both institutes makes it evident that DAIICT has much more success in open-source contribution.

Therefore, it is clear that DAIICT is a much better choice, especially in subjects like CS and IT. In DAIICT, there is a high exposure in higher studies among students. There is a good environment for competitive coding too in DAIICT. In every notable coding contest from platforms like Codeforces, Codechef, etc, there are at least 30-40 participants from DAIICT.