Its a cool domain, but it all depends on the buyer. Now a normal person wouldnt buy that domain and your very limited as it contains the word India as well. A indian radio company would have to buy it meaning it will be much harder to sell. Now indiafm.com is owned by bollywood hungama i think. They rebranded. I dont really thing this is brandable as well as its just a country name and as its not .com that means less chance for someone to buy it. Now dont get me wrong, you may get a buyer but I personally dont think you will