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Showing posts from April, 2024

Thinking of investing in property in Mumbai? Here’s why you should invest in art instead

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Being a part of the art world is not only about being an artist. I have realised that every day is a learning experience even after being an artist for over 10 years in the industry. Recently, I had the opportunity to attend an auction in in the city and it made me realise about how people beyond the art world do not really look at art beyond the frame. Every year, World Art Day is observed on April 15 to honour the contributions of artists and promote the importance of art in our lives. Interestingly, the theme for 2024 is ‘Garden of Expression: Cultivating Community through Art’ and it got me thinking about the growing need to create a community not only for artists but also those who appreciate art by buying it. It is not only to beautify their personal and office spaces but also as an investment in the years to come. Somnath Hore's 1962 untitled painting. Once unsold for Rs. 5 lacs, his piece was auctioned upwards of Rs. 25 lacs in 2024. Why you should ...