Hey!

See, if you are satisfy with the deemed university alloted to you then you must join that. Or if you are expecting a good seat better than the deemed university then you can wait. But this is quite risky as you might lose both. Also, there is a suggestion that you can join the deemed university as there is always a refund policy of a college so if you get seat under the rank list then you can easily leave the deemed university , but it depend on the university's refund policy that they might deduct some amount.So, decide wisely.

Hope I ansewered your query.

Thankyou