AstaGuru

One of the Country’s largest Auctioneer of art, dealing with the most respected Modern and contemporary artists Hosts the 5th Edition of Its Modern and Contemporary Art Auction

Auction Highlights:

No. of Paintings: 83 lots

Auction Date: Sunday 7th and Monday 8th, September 2014

Auction Website: astaguru.com

Time: Sunday 10:30 am until Monday 9:30 pm

Auction Exhibition Venue: ICIA House, 22/26, K Dubhash Marg, Kala Ghoda, Next to M.C. Ghia Hall, Mumbai 400023

Press Release

About AstaGuru.com

AstaGuru.com is an online auction house owned by SAFSET group and is one of India’s largest auctioneers of art, dealing with the most respected Modern and contemporary artists in India. It was set up in 2008 by Mr Vickram Sethi with an aim to connect people from all over the world to the Indian Art Marketplace.  

AstaGuru Hosts The 5th Edition Of Its Modern and Contemporary Art Auction

August 29, 2014: AstaGuru.com, one of India’s largest online auctioneers of art is hosting the fifth edition of its Modern and Contemporary Auction featuring some of the rarest and most exciting artworks from various parts of India. AstaGuru.com will auction 83 lots of exclusive artworks of Indian Modern Masters such as M.F.Husain, S.H.Raza, F.N.Souza, Ram Kumar, Sakti Burman, Krishen Khanna, Akbar Padamsee and Contemporary Artists like Justin Ponmany, Milburn Cherian and Baiju Parthan. 

The stunning work of S.H Raza titled ‘Bhoomi’ acquired from a private collection in Delhi is expected to rise in crescendo with an estimate of Rs 4,00,00,000 – 6,00,00,000 (US$ 689,655 – 1,034,483). ‘Mother and Child’ by F.N Souza acquired from Gallery One in london that was previously from the Adler family collection is expected to be sold at Rs 1,75,00,000 – 2,00,00,000 (US$ 301,724 – 344,828) while ‘Noel’, S.H Raza’s rendition of the French countryside inspired by ‘constructions’ of Cezanne, is valued at Rs 1,75,00,000 – 2,00,00,000    (US$ 301,724 – 344,828) and is expected to reach new heights. 

The auction will start on Sunday, September 7 at 10:30 am and shall be concluded on Monday, September 8, 2014 at 09.30pm IST. Interested buyers can view the lots on AstaGuru.com and can get bidding access by registering online after reviewing the terms and conditions listed by the organization. Accounts will be activated and bidders can participate in the auction as soon as the screening process is completed. 

Tushar Sethi, Director, AstaGuru.com said “The Indian art market has seen an upswing in Masters and Contemporary Art over the last few months after the recent growth and faith in the Indian marketplace. There is a lot of interest and buzz from collectors living in India as well as those living abroad to participate and bid in this upcoming auction”

AstaGuru.com will donate 1% of the funds collected through this auction to support the cause of avoidable blindness through Standard Chartered’s Seeing is Believing initiative.