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HR lowballing after getting selected.

I have been attending interviews for this company for 3 weeks with around 5 rounds of technical interviews. I did well in most technical interviews and okay in one. And HR said I am selected but they are trying to get an idea of my fitting in the role or some shit. The management is asking them to position me in one level lower than what was mentioned when they were hiring as i am not suitable for tech lead position(I would agree though and I am okay with being positioned less as i am more interested in IC roles). And was asked to reduce CTC as well. So they are providing 5 lakhs less than what i asked and i also have another offer 3 lakhs more than this offer. This offer is remote but the other offer is wfo. I don't hate wfo but wfh would be good as it is flexible. How do i convince the HR to get what i asked early? I am thinking of walking away if they low ball.

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