Depending on what you are doing in your basement, ie, external foot traffic. That would drive my decision.
Finished basement, where you spend time/hang out with friends: In - if you are disguising it with standard house doors, you would have to buy custom oversize door (if it swung out). That might give you away if you are trying to keep it discreet.
Unfinished basement, no traffic, no plan to use as a shelter: Out
Unfinished basement, no traffic, plan to use as a shelter (no matter how remote): In - I would hate to survive a storm, only to be trapped in my shelter and potentially die.
Whatever you decide, if you do plan to use it as a shelter, have some means of communication available in your room (old cell phone or the like) and test it to make sure it has reception with the door shut (to call for help if you do get trapped). Also consider the needs of spending several hours or longer in the room (toiletry, water, food, lights, blanket/sleeping bags).