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

🏗️ Realty Stocks Stay Resilient as Markets Open; RBI’s Steady Repo Rate Lends Support to the Sector

Real estate stocks opened steady and held ground after the RBI kept the repo rate unchanged at 5.25%, reinforcing stability for homebuyers and developers alike.

291 Real Estate Projects May lose MahaRERA registration on Nov 10

Maharashtra Real Estate Regulatory Authority (MahaRERA) has said that it may revoke…

Homebuyers File RERA Complaint – Builder Terminates Agreement 4 Years Later – Authority Says: No Escape

MahaRERA rules builder’s one-sided termination — issued 4 years after homebuyers’ complaint — cannot cancel statutory delay interest rights under RERA while project incomplete, granting interest from Jan 2022 till possession with OC in Ruparel Skygreens I case.

Nov 2020 Sees Highest Rental Deals Since 2012

November 2020 hasn’t just broken the record when it comes to realty…