For 2022, the IITs have decided to scrape off the minimum 75% marks rule in class 12th. However, this relaxation has been given only for 2022 and nothing can be said with certainty about what will happen in 2023, so it might be a risky decision.

If you consider my opinion, you should not take a drop as most likely the rule of minimum 75% attendance is going to make a comeback in 2023 and your drop year will become a waste, rather focus on getting some else good engineering colleges and work hard there! All the best!