Is the huge fee for NICMAR really worth?

It is a subjective thing and depends on many factors like your background, goals, preferences and economic condition. 

NICMAR’s huge fee is not really worth it if you don’t have any interest in MBA in construction management or any other domain that it offers. However, you can go for it if you want to pursue these courses. 

NICMAR provides an average package of 6.5 lakhs and the average fees is around 7.5 lakhs. So, the RoI is pretty low. Also, it will take at least 11 months to 2 years so, see if you have time as well or not.