Web Exclusive Jun 13, 2017 Will residential prices rise post RERA? Find out! RERA has been implemented with the purpose of enhancing transparency, mitigating information asymmetry and applying a uniform ‘code of conduct’ for developers across various states. It seeks to reduce the volatility seen in the real estate sector in the past, and eliminate the trust deficit between the two primary industry stakeholders – builders and buyers. However, residential prices are likely to rise in the post-RERA world.