New Palasia, Indore

Property Types: Apartments
Nearby Localities: Manorama Ganj, Tilak Nagar, Ring Road, Ashish Nagar, Rau Pitampur Road, Rajbara, M G Road, NH 3, Vijay Nagar, Scheme No. 97

About

Overview of New Palasia, Indore

New Palasia, within Indore, is a well-developed residential area that combines comfort, convenience, and modern amenities.

Location and Connectivity

Found on AB Road, New Palasia provides great links to Indore's major parts.
Close proximity to schools, hospitals, and shopping centers makes this place perfect for daily needs.

Property Types and Prices

Here, you'll find apartments, independent homes, builder floors, and plots.
Properties start at ₹3,666 per square foot and average at ₹5,679 per square foot. Top-tier homes go as high as ₹8,146 per square foot.

Key Features and Amenities

Residential Developments: A mix of multi-story apartments and independent houses for different budgets.
Amenities: Most properties offer 24/7 water supply, CCTV security, lifts, parking, and maintenance services.
Nearby Services: Educational institutions like Swami Vivekananda Government Model Higher Secondary School and healthcare like Otto Bock HealthCare, the Artificial Limb Fitting Centre are nearby.

Investment and Rental Potential

Prices have dropped 31.32% last year, suggesting a good time for investment and buying.
Rent options are competitive. For rental, a 2 BHK apartment is ₹18,000 a month, while a 3 BHK is ₹29,700 monthly.

Quality of Life

Families and individuals enjoy a peaceful setting here.
Well-kept, broad roads enhance ventilation and movement.

PropertyWala's Wrap-Up

New Palasia, Indore, is a great pick for buyers and renters with its prime spot, varied homes, and strong amenities. Dropping prices suggest a good deal right now for investors. Its safe area, closeness to essential services, and modern features make it a top choice for comfortable and convenient living.

Nearby

Transport
- Hindustan Petroleum (~2 km)
- Indore Junction (~3 km)
- Sarvate Bus Station (~3 km)
- Bapat Square (~4 km)
- Lakshmibai Nagar (~5 km)
- Devi Ahilyabai Holkar Airport (~11 km)
Shopping & Dining
- Mama Loca (<1 km)
- The Monroe Cafe (<1 km)
- One Centre (<1 km)
- Anoop Nagar Market (~1 km)
- Central Mall (~2 km)
- Organic Sansar (~3 km)
Healthcare
- The Recovery Hospital (<1 km)
- New Meera Chemist (<1 km)
- Yuva Cosmoderm Skin Clinic (<1 km)
- Truderm Skin Clinic | Dr.Garvita Singh Best Dermatologist in Indore | Skin Clinic Indore | Best Hair Transplant in Indore (<1 km)
- Yadav Medical Store (<1 km)
- CHL CBCC Cancer Centre (<1 km)
Education
- Swami Vivekananda School (<1 km)
- High Light H. S. School (<1 km)
- SGSITS (~2 km)
- Central Library (~2 km)
- MGM Medical College (~2 km)
- Symboisis University of Applied Sciences (~13 km)
Leisure & Entertainment
- Ravidas Udyaan (<1 km)
- Basketball Stadium (<1 km)
- INOX - C21 Mall (~3 km)
- Jawaharlal Nehru Stadium (~3 km)
- Kamla Nehru Prani Sangrahalaya (~5 km)
- DAVV Auditorium (~7 km)
Services
- Indore (<1 km)
- Punjab National Bank (<1 km)
- Dr Bhimrao Ambedkar Zonal Office No. 90 (<1 km)
- District Court (~3 km)
- G.P.O. Indore (~3 km)
- Police thana khajrana (~5 km)
Religious Places
- Chandraprabhu Digambar Jain Mandir (<1 km)
- Gurudwara (~1 km)
- Sri Nagar Colony Masjid (~2 km)
- Gita bhawan (~2 km)
- Jain Mandir (~2 km)
- Holy Spirit Church (~2 km)
Business & Hospitality
- Malwa Mill (~2 km)
- Lemon Tree (~2 km)
- Lemon Tree Hotel (~2 km)
- Sayaji Hotel (~3 km)
- pologround Industrial Area (~5 km)
- SEZ (~7 km)

Places © OpenStreetMap contributors, Overture Maps Foundation * Distances from the centre of New Palasia

Reviews

Very good commercial area of Indore. All major corporate office and IT are situated there.

Pros
Systemetic development
Wide roads
All major banks,restaurants,offices are situated.

Cons
None
none
None

New Palasia, Indore is rated 5 out of 10 based on 1 user reviews.

Disclaimer: The reviews are opinions of PropertyWala.com members, and not of PropertyWala.com.

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News

Indore approves monument at Palasia, link road and tax reforms

The Free Press Journal · Aug 18 · Infrastructure

Indore Municipal Corporation approved an Akhand Bharat monument at Palasia Square, a link road to Khajrana Temple, and property tax reforms including simplified mutation procedures.

Key facts

Indore Municipal Corporation's Mayor-in-Council approved multiple infrastructure and development projects:

Property and taxation: Simplified property mutation process through standard operating procedure; property tax accounts to be opened for privately owned properties and plots in illegal colonies with complete ownership documents; no tax on encroachments over government land.

Infrastructure projects: Link road construction from Kanadia Road to Khajrana Temple; international swimming pool at Brahmalin Laxmansingh Gaud Udyan on Ranjit Hanuman Road via PPP model; 60-tonne-per-day coconut waste processing plant at Devguradia via PPP.

Beautification and development: Palasia Square will receive new "Akhand Bharat" themed monument with existing "I Love Indore" installation through CSR participation; vacant space beneath Footi Kothi flyover to be developed as smart hub under PPP; Chandrayaan replica near Rajkumar Bridge platforms 5 and 6 to be completed through CSR.

Markets and commerce: Street food hubs including one at existing hawkers' zone near Annapurna Road pond; new markets at Subhash Nagar and Vallabh Nagar.

Traffic management: Installation of traffic signals at intersections through PPP arrangements based on advertising rights; 70 new gantries with 10-year advertising rights via online tender.

Kataria Jewellers Opens Flagship Showroom at Kalpataru Grandeur Indore

Asian News International · Dec 12, 2025 · Commercial

Kataria Jewellers inaugurated a 6,000 sq ft flagship showroom at Kalpataru Grandeur in Indore with Super 30 founder Anand Kumar attending the grand opening event.

Key facts

Kataria Jewellers opened a new flagship showroom at Kalpataru Grandeur, Indore. The 6,000 sq ft showroom displays gold, diamond, gemstone, and silver jewellery blending traditional artistry with modern design. The opening featured Super 30 founder Anand Kumar as chief guest. Five Land Rover Defenders wrapped in Kataria Jewellers branding created buzz across Indore before the opening. Launch celebrations included delicacies with edible silver and gold Varak and Mahaprasad with laddoos worth INR 3,000 to 4,000 per kilo made with desi ghee and premium dry fruits finished with gold and silver Varak. The showroom features signature bridal pieces, contemporary designs, and trained consultants offering personalised experience. The opening strengthened Kataria Jewellers' presence in Madhya Pradesh and supports the brand's expansion plans across India. Kataria Jewellers was founded on principles of quality, authenticity, and artistry and is known for intricate designs and ethical practices.

News items from other publishers are their reports, condensed; follow the link for the full report. PropertyWala.com is not their source.

Projects

Kalpataru Grandeur

New Palasia, Indore

Status New Launch
Completion Mar, 2024

environment friendly surroundings

: Kalpataru Grandeur project is spread over an area of 3.11 acres around 110 units on offer and in the housing society has 5 towers with 15 floors.

Sale Properties

Independent House for sale in Tilak Nagar

₹ 3.85 Cr

Area 4,600 SqFeet
Rate ₹8,370/SqFeet
Possession Immediate

9 BHK Spacious and luxurious living bunglow built over 2100 sq ft plot

: Spacious and luxurious living bunglow built over 2100 sq ft plot . Well ventilated rooms and main hall gives grandeur looks for is appox 450 sq ft.Property is very close to tilak nagar and also near palasia square. Newly renovated and painted house with vitrified floors. Narmada water connection...

3BHK for sale in Kalpataru Grandeur, New Palasia, Indore

3BHK Flat for sale in New Palasia

₹ 3.52 Cr

Project Kalpataru Grandeur
Possession Within 2 Years
Area 3,200 SqFeet
Rate ₹11,000/SqFeet

3BHK Apartment / Flat

: Kalpataru Grandeur project is spread over an area of 3.11 acres around 110 units on offer and in the housing society has 5 towers with 15 floors.

₹ 36 L

2BHK Flat for sale in Manorama Ganj

₹ 36 L

Project Chugh Gold Residency
Possession Within 3 Months
Area 1,200 SqFeet
Rate ₹3,000/SqFeet

Apartment / Flat

: Well maintained building, walking distance from palasia,fully connected with transport.Original makhrana white marble flooring, 1 bed room completly furnished ,modular kitchen.It is spread over the area of 28000 sq. ft.

₹ 50 L

Independent House for sale in Manorama Ganj

₹ 50 L

Project Chugh Gold Residency
Area 2,226 SqFeet
Rate ₹2,246/SqFeet

Independent House

2BHK for sale in Amarnath Pinnacle 'D' Dreams, Ring Road area, Indore

2BHK Flat for sale in Ring Road

₹ 36.2 L

Project Amarnath Pinnacle 'D' Dreams
Area 1,290 SqFeet
Rate ₹2,806/SqFeet

Apartment / Flat

: Pinnacle presents 8 Premium Towers that offer 2 BHK, 2.5 BHK, 3 BHK & 4 BHK spacious apartments, all raising up to 16 storeys. Spread over the area of 11.39 acres.The complex has 11 meticulously planned High-rise towers.