Hello Gobind

It actually depends if you don't get call from IIMs or tier 1 colleges you can take admission in SIBM nagpur, it's not bad, actually it's a good college with its own pros and cons, in 2018 around 16 lakh was average package and many students got more than 20 lakh package.

Fees is actually ranges between 15-20 lakhs, its a hefty amount but you can get a good package if you know how to use your potential.

As you say it's near your home,you can join SIBM if you want to join.it will be better if you go and visit the campus before joining as it will give you ground idea, if alumni and campus attracts you, join it.

I hope it helps.