Whats the future of G.D Goenka World Institute which offers a degree by Lancaster University (UK) ?

It lies on Gurgaon - Sohna road.....This will be its 1st batch!! It is offering me a degree (M.Engg) which is equivalent to B.Tech and is affiliated by Lancaster University (UK) and its duration is also 4 yrs......so i'm in dilemma regarding the placements after the course.....pls help me out.