How record auctions are fuelling India's art boom

4 hours ago Share Save Anahita Sachdev BBC News, Delhi Share Save

Saffronart VS Gaitonde's Untitled fetched $40.2m at a recent record-breaking auction in Delhi

A radiant golden canvas layered with subtle textures and faint shapes, exuding both energy and tranquillity. This untitled 1971 painting by Vasudeo Santu Gaitonde headlined a record-breaking recent Saffronart auction in Delhi, which fetched $40.2m (ยฃ29.9m) - the highest-ever total for South Asian art. Gaitonde's work alone sold for $7.57m, nearly three times its estimate, making it India's second most expensive painting. The bidding added momentum to an already strong auction season for Indian art.

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