Token amount refund
Hi guys,
I paid a token amount of 58 lakhs + 2 lakhs token amount towards buying a flat here in Mumbai.
The flat aforementioned is on the 14th floor.
I was planning to take out a loan to pay out the remaining amount. (About 1 Cr)
However, I found out through the loan agent that the builder doesn't have the required CC. They had a CC only upto 11 floors.
I felt cheated since this wasn't mentioned while signing the deal.
I immediately contacted my bank and stopped all cheques paid by me to the builder.
Luckily I was able to stop them just in the nick of time and managed to salvage the 58 lakhs.
However, the 2 lakhs token amount still remain with them and I've been trying to recover them for a few months.
They have now gotten the CC for the floors above 11th and are insisting me to buy it for the same amount(citing the property prices have risen which i feel again is a lie)but I don't wish to go forward with the deal because I feel cheated and lied to.
How do I recover the my token amount from these guys? Would it be worth it to pursue this legally?