Tyeb Mehta Archives

Prices Rise to Record High As the Scale of Indian Art Burgeons After Covid

art market / 14/10/2023

On August 31, an SH Raza acrylic on canvas, titled Gestation (1989), became the most valuable Indian artwork ever sold at an auction. It went for an astounding Rs 51.75 crore, including commissions. The same day, two more records were made. FN Souza’s oil painting, Hunger, fetched Rs 34.5 crore, marking a new pinnacle for the artist, […]

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The Fine Art of Selling: Indian Artworks Fetching Record Prices

art market / 09/10/2023

Indian Art has found itself on a high this year. In August, SH Raza’s ‘Gestation’ went for Rs 51.75 crore at Pundole’s Mumbai auction, setting a new record for an Indian artwork. Less than two weeks later, Amrita Sher-Gil’s ‘The Story Teller’ (1937) topped that by fetching a stupendous Rs 61.8 crore at Saffron art’s

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India’s Art Market Soars as Mumbai Prepares for Inaugural Art Fair

art market, News / 18/09/2023

FY23 Sets New Records The Indian art market is experiencing a remarkable resurgence, with FY23 marking a blockbuster year for art auctions. The momentum shows no signs of slowing down in FY24. September saw a historic Sayed Haider Raza painting sale, fetching an astounding Rs 51.75 crore followed by Amrita Sher-Gil’s The Story Teller fetches

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Most Expensive Indian Artwork Ever Auctioned: Amrita Sher-Gil’s “The Story Teller” Fetches ₹61.8 Crore

art market, News / 18/09/2023

Historic Moment in Indian Contemporary Art A remarkable month for Indian contemporary art reached its zenith with a groundbreaking auction on Saturday at The Oberoi, New Delhi. The star of the show was an Amrita Sher-Gil painting titled “The Story Teller,” signed and dated 1937, which fetched an astounding ₹61.8 crore. This remarkable sale etched

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Pundole’s Auction House Sets New Records in Modern Indian Art Sale

art market, Featured / 02/09/2023

Last evening, Pundole’s Auction House made history by achieving the highest sale total for an auction of Modern Indian Art, breaking multiple records in the process. World Auction Record for a Modern Indian Painting Renowned artist S.H. Raza’s masterpiece fetched a staggering 51.75 crore (6.27 million USD), establishing a new world auction record for Modern

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Art as an Investment: Insights from the Indian Art Market’s Growth and Investment Potential

art market, art market news / 25/08/2023

Data from the Indian market shows how phenomenally the market has grown over the past 20 years. While hitherto art was mostly considered a collectable and a luxury item, it has slowly and steadily moved into the category of capital asset, which by its very definition provides benefits over a long period of time. There

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Tyeb Mehta: Returning Goddess and Shapeless Bodies

Artist Profile, Featured / 26/07/2023

Tyeb Mehta, one of the leading figures and prominent presence in Modern India Art, was initially associated with the Progressive Artist Groups and celebrated as a well-known Indian artist of his epoch. Tyeb Mehta (July 26, 1925 – July 2, 2009) was born in Kapadwanj, Gujarat, well known as a painter, sculptor and filmmaker. Tyeb was born

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Celebrating Tyeb Mehta: A Glimpse into the Legendary Artist’s Masterpieces

Featured, On This Day / 26/07/2023

26th July, 2023 ON THIS DAY “When you are young, you try to understand the world. As you grow old, you try to understand yourself. Your work then becomes the essence of these efforts.” -Tyeb Mehta Today marks a momentous occasion in the art world as we celebrate the birth anniversary of the renowned Indian

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The Top 10 Most Expensive Works in FY 2023

art market, Featured / 12/07/2023

In what many would consider an unstable and unpredictable year for the economy, 2022-23 boasted some of the most expensive paintings sold in history. After 2020’s lockdown-era auction depression, the market has since regained its pre-pandemic luster, and in many ways, rocketed into an entirely new stratum of opulence. While each work sold has merit

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Revisiting the Legacy of the Progressive Art Movement and the Modern Indian Art

Columns, Exhibitions, Featured / 06/07/2023

After Indian independence, a group of artists started to think about ‘modern Indian art’ differently, and they thought loudly and formed a group baptised with the name of Progressive Artists Group Bombay. The group reflected that a ‘newly independent country required a face of a new art movement. Progressive Artists Group Bombay (1947-1956) is now

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Tyeb Mehta