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New Palasia, Indore

Indore East, 452001
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Location Map of New Palasia, Indore

What’s new in New Palasia, Indore? Recent & Future Developments

Last Update: 13 May 2026
13 May2026
Indore Gears Up for Major Urban Development and Infrastructure Boost

Madhya Pradesh has approved ₹626.49 crore for land compensation for the Indore-Ujjain Green Field 4-Lane road project, The city is also poised for a broader urban revamp with projects like the Siyaganj Commercial Complex, a residential project on Hukumchand Mill land, and the redevelopment of MIG Colony.

Source: The Times of India
28 Nov2025
Indore Metro's Underground Alignment Approved & Ridership Concerns Persist

A proposal to alter the Indore Metro rail line to run underground from Khajrana Square via Palasia Square to the Bada Ganpati area has been approved, following protests from residents and businesses concerned about disruptions in densely populated areas. The underground alignment is expected to increase project costs but aims to resolve issues caused by previous planning .

Source: The Times of India, Vertex AI Search
09 Oct2025

Indore is observing 'No Car Day' on September 22 for the third consecutive year to reduce vehicular pollution and traffic. A car-free zone will be established from Geeta Bhawan to Palasia, and a cyclothon is planned from Palasia to Rajwada and back. Mayor Pushyamitra Bhargava is encouraging citizens to use eco-friendly transport options like bicycles and public transport.

Source: The Times of India, ETV Bharat & 2 others

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Price Rates & Insights for New Palasia

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Near by Locations in New Palasia
compared to Indore at ₹ 5.1 k/Sq.Ft.
₹ 7,850
Manorama Ganj
₹ 6,900
South Tukoganj
₹ 6,550
Shri Nagar
₹ 5,700
Old Palasia
₹ 4,900
Saket Nagar
Top Projects in New Palasia
Godrej Greenview Estate is the top project in New Palasia with prices from ₹ 55.99 Lac to 92.99 Lac.
Godrej Greenview Estate ₹ 55.99 L - ₹ 92.99 L
  • Indore North, Indore
Godrej Verdania Estate ₹ 1.5 Cr - ₹ 2.5 Cr
  • Indore North, Indore
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Property Demand & Supply in New Palasia, Indore

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By Budget
Demand
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Below 50 L
100%
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100%
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Above 50000
100%
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Explore Localities Nearby New Palasia, Indore

  • Average Sale Price₹ 5,700 /Sq. Ft
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