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Diamond-bearing Kimberlite reserves are known to be found in certain regions due to the specific geological conditions required for the formation of diamonds. Kimberlite is a type of igneous rock, which is famous for often containing diamonds.
Option 1: Hoshangabad - It is a city in Madhya Pradesh state of central India. There are no widely recognized diamond mines or reserves in this district.
Option 2: Raipur - Raipur is the capital city of the state of Chhattisgarh, India. In the recent past, large reserves of diamond-bearing kimberlite have been discovered here making this the correct answer.
Option 3: Sambalpur - Sambalpur is in the Eastern state of Odisha, India. Despite having abundant minerals, no significant diamond reserves have been reported here.
Option 4: Warangal - Warangal is a city in the southern state of Telangana, India. This region is historically known for its granite quarries, not diamond reserves.
This means that out of the provided options, the diamond-bearing kimberlite reserve was discovered in Raipur.