New Palasia is also called Diamond Colony which is a residential region in Indore in the Madhya Pradesh state of India. New Palasia is well built and developed by Government Development Authority and real estate builders in Indore. Diamond Colony is nearby to AB Road, Tilak Nagar, Telephone Nagar, and Manishpuri and so on. It contains residential apartments in large scale.
Diamond Colony has a marvelous infrastructure and fair roads and street lights. It has convenient stores, petrol pumps, Bank and ATMs, restaurants and cafes, schools, colleges and shopping centers and market. Diamond Colony or New Palasia is 2.4 Km away from Indore Junction and 10.6 Km far from Devi Ahilya Bai Holkar Airport.