Skyline Constructions, a part of the RNA Developers group, has been directed by Maharashtra Real Estate RegulaÂtory Authority (MahaRERA) to refund actor Raghavendra Sharda (Kiku Sharda) a sum of Rs. 84.95 lakh with 10.75% interest p.a. from 2010 after the actor was allowed to withdraw from the RNA ExotiÂca project at Oshiwara in Bombay. Kiku had lodged a complaint with MahaRERA after the developer failed to hand over possession of a flat till nine years from the date of booking. The developer had said at the time Kiku booked the flat that it would be handed over by December 31, 2013. He later promised possession by December 2017 but again failed to meet the deadline. It was then that Kiku claimed a refund and compensation under section 12 of the Real Estate (Regulation and Development) Act. He had paid Rs. 84.95 lakh towards purchase of the flat in RNA Exotica.