In today’s challenging economy, with inflation at unprecedented levels, the real estate indus-try is bearing the brunt perhaps more than any other sector. Construction prices have soared by a staggering 80%, leading to halted projects and a plethora of unresolved issues. This rise has left many wondering as in such a bleak scenario, whom and where business owners should turn to? While chambers of commerce exist, their influence often lacks the necessary impact to champion the concerns of real estate professionals. Clients and customers have the courts to air their grievances, but where can real estate business owners go to voice theirs? Taking a cue from global best practices, perhaps it’s time we considered a solution em-ployed by Dubai. They’ve established the Real Estate Regulatory Authority (RERA), an or-ganization dedicated to resolving disputes, streamlining processes, and addressing concerns specific to the real estate industry. This regulatory body serves as a vital intermediary be-tween real estate professionals, the government, and the public. By introducing a similar regulatory body, business owners would have a dedicated forum to express concerns, seek solutions, and get actionable feedback from a governing entity. Such a body would not only address immediate issues but also provide clearer guidelines re-garding construction prices, ensuring transparency and fairness in an industry rife with ambi-guity. The benefits of this approach are manifold. A regulatory body would offer clear commu-nication channels between the government and business owners, ensuring grievances are ad-dressed promptly. Standardized guidelines, particularly regarding construction prices, would allow for more effective project planning, potentially leading to cost savings. This stable environment could pave the way for new growth in the real estate sector, even during economic downturns. Furthermore, trust among stakeholders, clients, and customers would be bolstered, knowing there’s an authority ensuring fair practices. Lastly, by address-ing halted constructions and fostering an environment conducive to growth, the overall econ-omy stands to gain, with potential job creations and increased investments. While the challenges faced by the real estate sector are immense, the solution might be simpler than we imagine. Drawing inspiration from successful global models, the establish-ment of a dedicated regulatory body for real estate might be the change our industry is yearn-ing for. This body would not only address immediate concerns but also provide clearer guide-lines for construction prices, ensuring transparency and fairness in an industry marred by am-biguity. It is time for the Pakistani Government to take this required step as real estate is the backbone of all the infrastructure.