Bipasha Basu looks all set to create a new record on television. The buzz is that.

The Bong bombshell will host an upcoming reality show, Female Model Hunt, for a whopping Rs 65-70 lakh per episode.

If the deal comes through, Bipasha will become the highest-paid woman celebrity on Indian television.

Female Model Hunt will be produced by Shah Rukh Khan's TV software production company Red Chillies Idiot Box and is based on popular US show America's Next Top Model.

Red Chillies has started inviting applications from contestants on its website, though they are yet to finalise which channel will air the show.