 "V S Gaitonde, Untitled, 1970, sold for Rs 67.08 crore, achieves 2nd highest price for Indian art (Photos: Courtesy Saffronart)")
Calendar 2025 is turning out to be a year of records for Indian art. At Saffronart’s 25th Anniversary Evening Sale, which concluded on Saturday (September 27) in New Delhi, VS Gaitonde’s untitled painting from 1970 went for Rs 67.08 crore ($7.57 million), making it the second most expensive work of Indian art sold worldwide – and setting a world record for the highest price achieved by the artist at auction globally.
The reclusive Gaitonde surpassed Amrita Sher-Gil’s The Story Teller (1937) and Tyeb Mehta's Trussed Bull (1956), which were until now tied as the second most expensive Indian artworks. Both
