The current slowdown in the contemporary art market could be the best thing that happened to it.
Tagged with hefty sums, the paintings of a host of Indian artists would be auctioned in Hong Kong on May 24-25. Among others, top-tier works by Subodh Gupta, Jitish Kallat, Anju Dodiya, and Atul Dodiya will be up for grabs on the opening day. The auction would also feature a selection of significant works by many Pakistani artists besides the ones drawn by their counterparts from China, Japan and Korea.
Atul Dodiya's Chickoo Drawing which fetched just over $3.19 lakh topped the lot in the auction by Saffronart which ended on Thursday.
A meeting to pay homage to K G Subramanyam, one of India's most interesting painters and thinkers.