Presented by Global Art Hub, an online marketplace for art, the three-day 'Art Exhibit 2016 - Masters of Modern Art', will begin on April 8.
The organisers said that art connoisseurs get a chance to evaluate, compare and purchase rare artworks of renowned artists as the exhibition displays more than 100 works by 46 masters.
While modern master Sabavala's work 'Caverns Measureless to Man II' is estimated at Rs.2-2.5 crore, an untitled work work by Swaminathan is estimated at Rs.2.8�3.5 crore. Raza�s 'Bhoomi' from a private collection is estimated at Rs.1.25-1.5 crore.
The works are sourced from leading art galleries and private collectors, like Vadehra Art Gallery, Gallery Espace, Dhoomimal Gallery, Chawla Art Gallery and Great Banyan Art, among others. �Here, several galleries have collaborated to bring this about. It seldom is possible to collect such an important suite of paintings under one roof,� said artist Anjolie Ela Menon.
While the event will be open for VIP preview on April 8, the exhibition for the public would be held over the next two days.
Talking about the initiative, Nakul Dev Chawla, founder and CEO of Global Art Hub, said that the works will simultaneously be available online to collectors around the world. �We aim to bring all the leading galleries of the country onto one platform. Our vision is to create a property which brings together exceptional works and makes them accessible in a physical space whilst also providing online access for buyers worldwide�, said Chawla.
With a total sale estimate of Rs.20 crore, the tastefully curated works will be showcased at Dalmia House, 27 Akbar Road, conceptualised by designer Varun Bahl,
The event will also see discussions and discourses on the art of collecting on April 10 by well-known artists. (IANS)