If you ask the best place to pursue MSc Biotechnology if you are research or job based aspirant then I would say IIT will be great for you. See IIT's have very good infrastructure as you know and as it is an technical university you will find amazing lab structures which will be beneficial for your work life. Apart from that the placements in IIT's are very good, so if you can get there then you will have higher chance to get a job from anyone else pursuing the same course from any other college. Also the curriculum in most of the IITs are very good for BIOTECH. Thus if you want to go for MSc Biotech then I would highly recommend you to go for IIT. As you know in order to take admission in MSc Biotech you have to appear for BIOTECH paper of IIT JAM.

To know more about IIT JAM visit the link provided below:

https://university.careers360.com/exams/jam

To know more about the Biotechnology as career visit the link below:

https://www.careers360.com/courses/biotechnology-course

I hope this answer helps. All the very best for your future endeavors!