I've got 68 percentile in MAH-CET MBA. Should I apply for the counseling? Which good and cheap colleges are there for me?

It might be possible to get admission to the MBA/PGDM course with 92 percentile if the cutoff gets leneint over the different counselling rounds. But, according to the estimated cutoff percentile, admission is possible with a percentile of 99.73. Note that this is the estimated cutoff percentile and

The MAH CET cut off for Prin. L. N. Welingkar Institute of Management Development & Research, Mumbai is usually around 99.93 percentile. There is not much change in the cut off since the last few years.

The MAH MBA CET cut offs for SIMSREE Mumbai is usually between 99.97 to 99.98 percentile. 

For JBIMS, Mumbai, the MAH CET cut off is usually 99.99 percentiel. The cut offs have remained static in the past 3-4 years.