In the past three decades, Field Programmable Gate Arrays (FPGAs) have emerged to be the backbone of digital signal processing, especially in high-speed communication systems. However, today, these devices are clocked below 1GHz and improvement in performance stays a big challenge on all abstraction layers, right from system architecture down to physical technology. Far and wide, myriad number of researches are done on methodologies and techniques which can deliver higher throughput with lower operating frequencies. Towards this projected objective, in this paper an efficient modulation technique like Quadrature Amplitude Modulation (QAM) along with mixed time and frequency domain approach and Forward Error Correction (FEC) technique have b...