Sri Venkateswara Engineering College (SVEC) is better than RMK engineering college around Chennai. One of my cousins being part of the institute has her own opinions regarding the same, let me share some of them which will give you a clear idea. 

1. You will have a good standard of peers that will improve your exposure. It will help in developing quite a number of contacts.
2. If you are planning to pursue your post-graduation, then enroll in SVEC. More than 30% of the students plan it (Post Graduation) early in their career. 
3. In terms of placements, you should possibly have no second thoughts, because SVEC is the best, only after SSN.
4. Besides, SVEC also comes with a brand value that can add up to your exposure.
    

Placements - 

The only possible downside is that the institute does not usually focus highly on Cultural Fests, unlike when most others do.