Hey,

Both the Indraprastha and NMIMS Universities are reputed universities which are recognized by University Grants Commission (UGC) So, you can select any one of the university based on your location and financial position. 

But when compared between two one should always go with narsee monjee. Narsee monjee is well reputed college and has always maintained it's dignity. It's faculty is considered to be best in bba courses. The placements are good enough when compared to ip university.

Hope this helps.