The Saffronart online art auction closed with sales of arond Rs.19 crore, and Ravinder Reddy’s Radha 2007 selling for Rs. 1.5crore, reports IBNlive.
Now Indiatimes has announced its auction, featuring works of S.H. Raza, Sakti Burman, K.G Subramanium, M.F.Hussain and others. Some works of art will be displayed at Indiatimes Art from the 12th to the 15th of March when the site will accept bids online. Other works of art, priced higher than those at the online auction will then go under the hammer at an offline auction on the 17th of March in Delhi. The last auction had seen the sale of three works of art for a couple of crores. As was the case with the last Indiatimes auction, Indiatimes has constituted a panel for guiding buyers by means of interactive sessions.
Related:
—Indiatimes To Host Online Art Auctions; Saffronart.com Auction Does Rs.70 Crore In Transactions
—Saffronart.com Kicks Off Winter Auction Of Paintings Online
—Saffronart’s Spring Auction Tomorrow; Capital Gains Tax On Art Applicable From April Onwards