Karrm Infrastructure — booking nbk-11176 kg ambernath cancelled in july 2016, but no refund legal notice from lichfl

Address:

Mumbai City, Maharashtra, 400703

M/s Karrm Infrastructures Pvt Ltd along with few finance partners (including LICHFL) launched a residential building construction project at Ambernath site, lured the customers and made them to invest money .Scheduled possession was in Dec.2014 but even after 5+ years scheme is not ready .
In year 2013, Business partners Karrm Infra.P.Ltd & LICHFL declared that till possession no Interest or EMI payable by Customer. Copy attached. Also offered various temptations. We were assured to get 30% capital gain if we invest (retirement fund) in this project within a year instead post or banks.
We have been informed by LICHFL during loan processing stage (2013) that business venture agreement is signed between M/s Karrm Infra.P.Ltd & M/s LICHFL and M/s Karrm Infra .P.Ltd takes responsibility of paying EMI till possession.
We invested retirement fund (Rs10.20 Lacs) in 2013 and signed the flat sale agreement on 26.08.2013.
Possession was scheduled in Dec.2014.
It is prime responsibility of financing institution to disburse the loan as per actual site work progress. However, loan was disbursed at dramatically speed in a year and EMI payment started from M/s Karrm Infra.P Ltd to LICHFL, which was as per their mutual agreement.
I had noticed the indefinite delay of project in 2015 and demanded cancellation of booking and return my investment.
LICHFL informed me via email dated 23.06.2015 that Karrm Group will pay EMI and not to worry. Copy attached.
Later on LICHFL informed via email dated 16.06.016 that they are trying to convince M/s Karrm Infra P Ltd on payment of EMI as was being paid so far.
I cancelled my flat booking on 28.07.2016 and informed M/s LICHFL to settle the financing matter between themselves ( M/s Karrm Infra.P Ltd & LICHFL) as they had tied to complete project without burdening customer/buyer.
Thus, the liability of subject loan closure or take over or pay EMI is on business partner of LICHFL i.e on M/s Karrm Infra.P.Ltd.