No Refund on Cancellation

I had booked a flat with Kanakia Spaces at project named Cyprus Punawale in October 2017. I have paid and amount of Rs. 7,38,636/- to builder as the earnest amount. But due to inadequate parking spaces, I asked to cancel the booking and refund the amount I had already paid. The cancellation was accepted on 5th march 2018. But the builder has not yet refunded the amount. I have been constantly taking feedback from them, but every time the builder spokesperson makes an excuse when asked for refund. According to him, Builder will refund the amount only if the flat is sold. But it has been three months now, that I have cancelled the flat, but still the builder is not refunding the amount. I tried to talk to the Builder directly, but he also made some lame excuse and cancelled meeting. Since, builder is unnecessarily using my money, I wish to get the refund of the paid amount along with the interest on the amount for 3 months at 11% p.a. i.e. total of Rs. 758948.49/- (738636/- + 20312.49/-)


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