As I' m a student of IIT BOMBAY , can let you know about IITB inside more accurate and precisely.
The most important point is that, for saying it is a engineering college but you have a lot of opportunities other than engineering.
Ya, that' s true.you can go for research, Design, and if you are talented enough than of course you can try for glamour world( acting, dancing, singing etc.) .
There are clubs for everything you need or want to do and learn. Workshops are held timely to make students learn new things.
Reg. academics - This part is absolutely fine along with full digitalization. Excellent lecture hall, professor are dynamic and awarded many times.
Along with this you will become, a smart and self-dependent person. And will learn other perspective of life to live and will develope personality as well.
Personal views -I having a good time here and enjoying too much this atmosphere and studying with lot of enthusiasm and fun.