Go  for IIT  BHU
						

							
IIIT CSE is far better then IIT VARANASI (EC).
						

							
forget about IIT BHU it is even better than IIT B CSE when it comes to reality....
						

							
IIT TAG
						

							
IT-BHU even without IIT tag is better than IIIT-H. See two rankign of 2012 and make a note of BHU not being IIT at that time. Ranking are not 100% accurate but it gives you some idea.
 
BHU was ranked 6/7th ,
http://www.outlookindia.com/article.aspx?281299
http://indiatoday.intoday.in/bestcolleges/2012/ranks.jsp?ST=Engineering&Y=2012
 
See where IIIT-H is ranked relative to IT-BHU. With IIT conversion to IT-BHU, it going to go up. Placement of Electronics BHU is same as IIIT-H CS. Unless you love CS and can live with not having IIT tag, then go with Hyderabd CS. Also Hyderabad has ridiculous fee as compared to BHU. 
 
I will stringly suggest BHU Electronics because it is one of best department among all IIT. Chose wisely , its about not having regret later. My cousin is joiing BHU Electroncis and he had option of CS Hyderabd as well. He found out vey large number of last year Electronics BHU guys had option to join Hyderabad CS but they chose BHU even though it was not an IIT then.