Hi Avnish,
Sri Balaji society Pune is an average college which offers a 2-year MBA programme with Rs. 6.6 lakhs total fees. According to last year placement report, the average salary was Rs. 6 lakhs per annum, the maximum salary was Rs. 21 lakhs per annum and the lowest salary offered was Rs. 4 lakhs per annum.
Only the colleges which recruit through MAH-CET exams has a fixed percentage of seats for Maharashtrian (60-85%) and for non-Maharashtrian, the no. of seats available is fairly less. So cut-off for them is high. But it is not true with all the MBA colleges in Mumbai. Other colleges like IIT Mumbai, S.P. Jain, Narsee Monjee etc. which are top colleges give admission through CAT and NMAT which is fully open to all the students.
Good Luck!
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