Hi aspirant,
Both the institutes mentioned by you are decent private colleges in terms of placements and campus experience. However, with regards to expenditure, i.e. tuition fees and other expenses, they can be a bit expensive.
Under total expense comes several factors including hostel facilities which differ based on room requirements (eg, no of sharing, AC/Non-AC, etc.). So I will answer your question based on the tuition fees alone.
Now, comparing SRM and MIT, for EEE, here are the tuition fees.
For more information on the expenses you can check out the following by clicking on them:
SRM Fee Structure
MIT Fee Structure
Hope this was helpful.
College Comparison based on Courses, Placement, Rank, Fee
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile