“…Synthesis and characterization of iron oxide nanoparticles have become an exciting area of research as these materials possess many outstanding characteristics like low-energy band gap, high sensitivity, tunable optical and magnetic properties, superparamagnetism, biodegradability, biocompatibility, and high stability. − Among the different iron oxides known so far, magnetite (Fe 3 O 4 ), maghemite (γ-Fe 2 O 3 ), and hematite (α-Fe 2 O 3 ) are the most commonly found in nature, whereas hematite is the most stable iron oxide at ambient atmosphere, and thus, hematite nanoparticles are paving newer avenues of applications. − Though hematite nanoparticles are available in different morphologies and synthesized using different physical and chemical methods, thermal synthesis of hematite nanoparticles from iron-organic solid precursors at comparatively low temperatures has become a significantly convenient synthetic method . This technique has a number of benefits, apart from the synthesis at comparatively low temperatures, such as quick reaction time, control by reaction environment, and use of a variety of iron-organic compounds as precursors …”