A game board based on real estate management is provided. The game board may include pawns, a board, foundation pieces, house pieces, action cards and renter pegs. Further, the board may include zones associated with at least one real estate restriction. Further, the game board may include at least one track including a plurality of spaces. Further, the plurality of pawns traverses along the at least one tracks. Further, a traversal of a pawn corresponding to a player along a track of the at least one track may be based on a random outcome associated with the player. Further, placement of a foundation piece corresponding to a player on a real-estate property space indicates the player' s ownership of the real-estate property space. Further, a renter peg attached to a foundation piece placed on a space indicates collectability of rent for a real estate property associated with the space.