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A Delhi auction set a record for South Asian art, selling all 85 lots for $40.2 million, led by Vasudeo Gaitonde’s $8.1 million painting.
A record-breaking auction at Saffronart’s 25th anniversary event in Delhi on September 27, 2025, achieved ₹355.77 crore ($40.2 million), the highest-ever sale for South Asian art globally.
All 85 lots sold, driven by strong demand for Indian modernist works.
Vasudeo Gaitonde’s 1971 untitled oil on canvas fetched ₹67.08 crore, setting a new world record for the artist and making it the second-most expensive Indian artwork ever sold.
Other top results included Francis Newton Souza’s 1955 drawings at ₹20.4 crore and Tyeb Mehta’s 1954 painting Trussed Bull at ₹56.4 crore.
Nalini Malani’s 2008 reverse acrylic work sold for ₹3.6 crore, a personal high.
The sale reflects growing international and domestic interest in Indian modernist art, signaling the region’s rising influence in the global art market.
Una subasta de Delhi estableció un récord para el arte del sur de Asia, vendiendo todos los 85 lotes por $ 40.2 millones, liderados por la pintura de $ 8.1 millones de Vasudeo Gaitonde.