The 20-year-old, who won in Shillong last week, totalled 18-under-198 on the penultimate day.
Delhi's Kapil Kumar, Honey's cousin, continued to occupy the second place as a result of his three-under 69 on day three of the Rs. 35 lakh event.
Honey (67-67-64), the overnight leader by one stroke, continued his golden run on the PGTI as he converted three putts from 10 to 15 feet on the front-nine to register two birdies and an eagle.
The chip-in for birdie from the bunker on the 18th was the icing on the cake for Baisoya as it gave him a healthy six-shot advantage going into the final round.
Honey, who began the tournament as the eagle leader with 12 eagles to his name, has so far added five more this week, including two in round three, in the process taking his tally to 17 and breaking Rashid Khan's previous record for most eagles in a season which was 15 in 2014.
"I was aware that I had 12 eagles at the start of the tournament but I didn't know about the season's record. Nonetheless, I set myself a target to make at least 16 eagles this year. As it turns out, the two eagles today helped me break the PGTI record for the season."
Baisoya is now also poised to join Ashok Kumar as the only other player to win his first two titles on the PGTI in consecutive events.
Gurgaon-based Manu Gandas, another youngster, was placed third at six-under-210 thanks to his third round of 69.
Defending champion Shankar Das (71) of Kolkata shared fourth place with three-time champion Mukesh Kumar (73) of Mhow and Delhi's Shivendra Singh Sisodia (69) at five-under-211.
Noida's Rahul Bajaj carded an excellent 65 to close the day in tied 7th along with four others at 212.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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