It is a gamble, there is no denying it.
My suggestion would be to try another college with a more steady reputation even if does not carry the lucrative NMIMS tag. NMIMS Indore is yet to take off in the true sense of the word. Some pictures relayed in education circles show the Indore campus has still not been completely constructed. Such anomalies do not inspire much confidence. Thus, I'd suggest you go to a college with a more reliable background.