Rickhil Prakash
Rickhil Prakash is a prominent property trader and the director of Hills Real Estate in New Zealand. He has gained recognition for his significant involvement in the South Auckland real estate market, where he and his team have been known to buy and quickly resell homes, turning a profit in a competitive environment. Prakash has been involved in high-profile trading activities, reportedly making a capital gain of $5.4 million from flipping 71 homes in recent years. His approach to real estate includes forming partnerships with other investors to share risks and profits.
Not in the pool (under ¢1).
Recent news mentions
Rickhil Prakash is involved in a tax probe and his real estate license is under review.
Tax probe real estate boss Rickhil Prakash working at new South Auckland agency
New Zealand· 2026-03-02
Rickhil Prakash is involved in the liquidation of Hills Real Estate and has been linked to multiple companies owing significant debts.
Flipping king Rickhil Prakash: Hills Real Estate liquidated over IRD tax debtNew Zealand· 2026-02-25
Rickhil Prakash is involved in a real estate firm facing allegations of unpaid taxes and liquidation.
Hills Real Estate: With forced liquidation looming, flipping king Rickhil Prakash and staff joined new real estate firmNew Zealand· 2026-02-15
Rickhil Prakash is involved in a trading network that operated its own real estate agency, Hills Real Estate.
Hills Real Estate and Rickhil Prakash: The trail for investigators after flipping king’s network collapseNew Zealand· 2026-02-09Rickhil Prakash is a director linked to Hills Real Estate and involved in multiple companies facing liquidation.
IRD seeks to liquidate Hills Real Estate as director Rickhil Prakash and traders linked to $28m debtNew Zealand· 2026-01-22Rickhil Prakash is the director of Hills Real Estate, which is one of New Zealand’s largest property traders.
Hills Real Estate: Major NZ property trading team faces forced mortgagee salesNew Zealand· 2025-12-13
Rickhil Prakash, director of Hills Real Estate, replied that his team were not pushing prices up.
See how one of NZ's biggest property traders made $5.4m flipping 71 homesNew Zealand· 2025-05-05
