The prized possession going under the hammer include the works of the late M F Husain, Amrita Shergill, Rabindranath Tagore, V S Gaitonde, Tyeb Mehta, Jamini Roy, and Ganesh Pyne among others with prices ranging Rs 1 lakh to Rs 8.5 crore.
Christie's will host its first Indian auction in Mumbai on December 19. The auction will have 83 lots of South Asian paintings, including the likes of Tyeb Mehta, Amrita Sher-Gil and M. F Husain, with estimates ranging from Rs 1 lakh to Rs 5 crore.
What is worrying is that the attack on Bhushan is the latest in a string of events that show the rise of an increasingly intolerant fringe of society who resort to violence as a first reaction and not as a last resort.
Jehangir Sabavala and his beautiful landscapes were sometimes dismissed as too romantic, too removed from India's turbulent reality. But he was just as much a part of the "real India" as his contemporary MF Husain.
Thackeray, who is often eulogised as Hindu Hriday Samrat in Sena posters, maintained that Husain "slipped" while drawing paintings of Hindu deities. His nephew Raj Thackeray of MNS said that Husain's death should end all controversies
Prime Minister Manmohan Singh, President Pratibha Patil, Vice President Hamid Ansari, chief minister Mamata Banerjee and Omar Abdullah were among a host of leaders who also condoled the death of artist M F Husain, describing him as a 'legend' and a 'national loss.'
A collection of Twitter responses to Husain's death.