My colleague used to stay in the My Roomie Hostel near Dayanand Sagar College of Engineering. There are many hostels near the institute but they are not comfortable. You might have to look for a PG as well. Decide only after that regarding where you'd want to stay.
However, ‘My roomie Hostel’ is an impressive place to stay because of the following:
Overall, you will enjoy being a part of the hostel atmosphere if you choose it. My colleague recommends it to everyone going to DSCE.