Honey led by a stroke at the halfway stage at 10-under 134. The cut was declared at five-over-149 as 51 professionals made the cut.
The leader group at the Digboi Golf Links today will be a family affair as Honey's cousin Kapil Kumar, another Delhi golfer, shot a three-under 69 in round two to end the day in second place at nine-under 135.
Honey (67-67), the winner last week in Shillong, impressed with yet another low score that helped him gain one place from his overnight tied second. The 20-year-old Baisoya, however, had a roller-coaster round which was punctuated by two eagles, six birdies, a bogey and two double-bogeys.
The seasoned Mukesh Kumar of Mhow fired a second consecutive 69 to be tied third at six-under-138. Noida's Amardip Sinh Malik negated two early bogeys with three birdies for his 71 that gave him a share of third place along with Mukesh.
Bengaluru's Udayan Mane was a further shot back in fifth place at five-under-139.
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