Big FM Enters Real Estate, Acquires UP Land for ₹300 Cr, Projects ₹4000 Cr Earnings
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Big FM Enters Real Estate, Buys 80 Acres in UP for Rs 300 Cr; Targets Rs 4,000 Cr Revenue
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News18•03-03-2026, 18:06
Big FM Enters Real Estate, Buys 80 Acres in UP for Rs 300 Cr; Targets Rs 4,000 Cr Revenue
•Radio network Big FM launches "Big FM Realty," entering the real estate sector with a target of Rs 3,500-4,000 crore revenue in three years.
•Acquired 80 acres of land on Lucknow-Bahraich Road in Uttar Pradesh's Bahraich district for approximately Rs 300 crore for its first major project.
•The Bahraich project, a mixed-use township, is estimated to generate Rs 1,200 crore and includes premium plots, housing, commercial, and retail spaces.
•Construction on 15 acres for Phase 1 is underway, expected to complete in two years; the entire project aims for completion in 3-4 years.
•Bahraich was chosen for its strategic location, development potential, and upcoming government infrastructure projects, including a Rs 27,000 crore 6-lane highway.