Art News. Vasari Codex

trending_up market schedule Jan 28, 2026 visibility 21 link 5 artists, 4 galleries

the asia pivot jaiveer johal

Jaiveer Johal, an Indian art collector and logistics heir based in Chennai, discusses the current boom in the Indian art market in an interview for Artnet Pro's newsletter "The Asia Pivot." Johal, who founded the Avtar Foundation for the Arts in 2024 to promote Modern and contemporary South Asian art, notes that auction records for Indian Modern masters have reached new highs while contemporary galleries like Experimenter, Nature Morte, and Jhaveri Contemporary are expanding internationally. He observes that rising prices are pricing out many collectors, including himself, as institutions and wealthy buyers drive demand.

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trending_up market schedule Mar 27, 2026 source 2 sources visibility 25 link 6 artists

Sotheby’s Sets 12 Records for South Asian Artists in a Single Sale

Sotheby's Modern and Contemporary South Asian Art auction in New York achieved a total of $22.1 million with 100% of lots sold, setting 12 new auction records for artists from the region. The sale was headlined by Vivan Sundaram's 1967 painting 'Inbetweeness,' which sold for $896,000 and more than doubled his previous annual auction total, and M.F. Husain's 'Second Act,' which fetched $5.1 million.

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trending_up market schedule Feb 1, 2026 visibility 22 link 11 artists, 1 gallery

Big prices, bigger confidence: Inside Indian art’s breakout era

The Indian art market is experiencing a significant boom, characterized by record-breaking auction prices for established masters like SH Raza and MF Husain, and growing international visibility for contemporary artists at biennales and fairs. A new generation of high-net-worth collectors is driving this growth, building collections with greater intent, knowledge, and personal connection rather than pure speculation.

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trending_up market schedule Nov 5, 2025 visibility 27 link 17 artists

Christie’s sale confirms it: Indian art has arrived on the world stage

Christie's achieved a rare 'white-glove' sale in its Modern and Contemporary South Asian Art auction, selling all 84 lots for $12.38 million—150% above the low estimate. The sale was led by Vasudeo Gaitonde's *Untitled (1984)* at $2.4 million, with strong bidding from India, the US, the UK, the UAE, and Singapore. New artist records were set for Sheikh Mohammed Sultan and Ivan Peries, while works by Rashid Choudhury and Biren De also drew intense interest. The auction, overseen by Nishad Avari, head of Christie's Indian art department, signals a broadening of the market beyond established modernists like M.F. Husain and S.H. Raza.

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trending_up market schedule Oct 3, 2025 visibility 22 link 9 artists

Sotheby's auction: Works of five Bangladesh artists cross all expectations

Sotheby’s held a “Modern and Contemporary South Asian Art” auction in London, where seven works by five Bangladeshi masters—Zainul Abedin, Shahid Kabir, Mohammad Kibria, Rashid Choudhury, and Kalidas Karmakar—were sold, exceeding pre-sale estimates. A painting by Zainul Abedin fetched £50,800 against an estimate of £15,000–£20,000, while three works by Shahid Kabir sold for £53,340, far above the £7,500–£9,500 estimate. Artists Shahid Kabir and Kalidas Karmakar appeared at a Sotheby’s auction for the first time, and seven new records were set overall, including for Kabir, Karmakar, Francis Newton Souza, Ganesh Pyne, Laxman Shrestha, Laxman Pai, and Adeela Suleman.

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article news schedule Apr 23, 2026 visibility 20 link 1 gallery

How the Brothers Behind Manhattan’s Aicon Art Gallery Found Themselves in Infinite Feuds

The New York Times reports on the ongoing legal and personal disputes between the brothers who co-founded Manhattan’s Aicon Art Gallery, which specializes in modern and contemporary South Asian art. The article details how sibling rivalry and disagreements over business decisions have led to a series of lawsuits and fractured relationships, threatening the gallery's stability and reputation.

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