M.F. Husain’s Red Girl sold for ₹65 Crore: He painted it in 1952, 74 years later the artwork fetched nearly 13 times its estimate; why is this painting worth so much?

M.F. Husain’s 1952 painting The Red Girl has fetched ₹65 crore at Pundole’s Fine Art Sale in Mumbai, far exceeding its pre-sale estimate of ₹3-5 crore. The oil-on-canvas work sold for nearly 13 times the upper end of its estimate at the September 24 auction. The painting was among 81 lots of modern and contemporary Indian art offered at Hamilton House and emerged as the top-selling work at the sale.

Also Read: Woman gets six times salary hike in 5 years, shares one key career tip that helped her to increase pay from Rs 5 LPA to Rs 30 lakh