Honer Prime Housing signs Development Agreement Cum GPA worth ₹1071 Crore with Squarespace Infra for their upcoming project Honer Signatis in Kukatpally.

According to documents accessed by Square Feat India provided by Propstack, the deal took place on July 5, 2023. 

The total Consideration Amount stands at ₹1071.47 Crore

Transaction Type: Development Agreement Cum GPA 

First Party: SQUARESPACE INFRA CITY PRIVATE LIMITED 

Second Party: HONER PRIME HOUSING LLP Property 

Details: /KUKATPALLY VILLAGE W-B: 2-22 SURVEY: 627/P 629 1011/1/P 1011/4/P EXTENT: 133100SQ.Yds BUILT: 7724576SQ. FT Boundires: [N]: 9 METERS ROAD & NEIGHBOURS LAND [S] HONER RICHMONT VILLA PROJECT [E]: NEIGHBOURS LAND [W]: 100 FEET WIDE IDL ACCESS ROAD Land Area: 133100 Sq Yds

Also Read: Mumbai property registrations dips in July 2023

You May Also Like

Office Market Rental Growth Surges Past Pre-Pandemic Levels in 2024

The Indian office market has reached a significant milestone in 2024, as average rents across major cities exceed pre-pandemic levels for the first time since 2019. Driven by a robust recovery in demand, certain core micro markets have seen rental increases of up to 25%. This article explores the city-wise trends, cumulative demand and supply metrics, and the outlook for future growth in commercial real estate.

Next MahaRERA Date to be Announced in Open Court

Your next date in a MahaRERA hearing will be told to you…

PE activity marginally declined by 5% 

PE activity marginally declined by 5% in Q1 FY24 given the elevated…

Prajay Praful Patel sells Worli Flat for Rs 45 Crore

Prajay Praful Patel, sold a flat in Ceejay Residency in Worli for…