Step 1: Recall the formation of Chhattisgarh.
Chhattisgarh became India's 26th state on 1st November 2000, carved out of Madhya Pradesh.
Step 2: Identify the location of its High Court.
The High Court of Chhattisgarh is located in Bilaspur, not in the state capital Raipur. This is a commonly confusing fact since state capitals usually host the High Court, but Bilaspur was chosen due to its historical significance in the region.
Step 3: Eliminate incorrect options.
Raipur is the capital, Durg is an industrial city, and Jadavpur is in West Bengal, not Chhattisgarh.
\[ \boxed{\text{Bilaspur}} \]