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Saffronart’s 25th Anniversary Sale Sets Global Record at ₹355.77 Crore

The white-glove, 85-lot sale surpassed Saffronart’s April benchmark by more than 60 percent.

Overview

  • All 85 lots sold in a white-glove evening auction in New Delhi, marking the highest total ever for South Asian art at auction.
  • V. S. Gaitonde’s Untitled canvas achieved ₹67.08 crore, a world record for the artist and the second-most expensive Indian artwork sold at auction.
  • Tyeb Mehta’s Trussed Bull realized ₹56.4 crore, with the result reported at eight times its estimate.
  • F. N. Souza’s Six Gentlemen of Our Times fetched ₹20.40 crore, the highest auction price recorded for a South Asian work on paper.
  • Notable results included M. F. Husain’s Mahabharata at ₹21.60 crore, Jehangir Sabavala’s The Anchorite at ₹16.80 crore, and Nalini Malani’s Nursery Tales at a personal record of ₹3.60 crore.