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Covid lockdown a blessing in disguise for art market

Express News Service The last several quarters have seen the art world record astronomical auction prices for pieces by masters. Galleries such as Saffronart, Pundoles and others have seen collectors pay unprecedented prices for works. Ashvin Rajagopalan, director of the Piramal Foundation of Art, says that “Production of artworks was initially limited. But now artists are working on paintings in small volume”Auctions on the other are a whole other matter.” Many world records were broken between September to April, this year with just April 2021 having seen auction sales of Rs 260 crore,” he says, adding that the “sales are good because a lot of people have made money in business and also lots of people have pulled out from alternate investments and placed them in art which is more secure.” 

Summer Show 2021 to be inaugurated at CIMA Gallery on Friday dgtl

Summer Show 2021 to be inaugurated at CIMA Gallery on Friday dgtl
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A promising Indian art investment scenario - INDIA New England News

A promising Indian art investment scenario - INDIA New England News
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A promising Indian art investment scenario

A promising Indian art investment scenario
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Major Indian artists at upcoming New York auction series - INDIA New England News

Major Indian artists at upcoming New York auction series - INDIA New England News
indianewengland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indianewengland.com Daily Mail and Mail on Sunday newspapers.

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