It is located in the road splitting the Long Bazaar and Tuz Marketplace.It is one of the oldest marketplaces in Bursa. It is said that villagers coming from near villages used to sell their products here. The marketplace was once used as a summer cinema. It took the name Nilüfer(water lily) from a soda factory established here with the same name. Having a number of shops such as spice stores,dairies and fruits-vegetables, the marketplace is one of the most functional places of the bazaar region.