Therea¿a 1972 V. S. Gaitonde's untitled painting estimated to sell between Rs.Seven-Nine crores, a 1992 untitled creation of Lord Krishna by Manjit Bawa for Rs.Three-Five crore, an untitled work by Raja Ravi Varma commanding between Rs.Two-Three crore, and a 1996 painting aTwenty-seven Ducks of Memory' by Arpita Singh for Rs.1.20-1.80 crore.

 

In the sub-crore rupees list are works by Ganesh Pyne, K. K. Hebbar, Vishwanath Nageshkar, Sudhanshu Choudhary and Shan Bhatnagar.

 

A Rolls-Royce Ghost with advanced features, technology and comforts will also be on auction (live) estimated at Rs.75-95 lakhs, besides a 2010 Porsche Panamera for between Rs.10-15 lakhs (online).

 

Over two dozen luxury items including watches worth millions of rupees like a rare Jaeger-LeCoultre Men's 'Reverso Gyrotourbillon 2' limited edition and a Patek Phillipe 'Nautilus' Gold and Diamond Wristwatch, shall also be on auction, both expected to fetch between Rs.55-70 lakhs each.

 

The auctions will feature several top brands of handbags like Birkin and Kelly from Hermes, in the range of Rs. 3-6 lakhs.

 

The other items will be expensive personal collectibles from Chanel, Piaget, Celine and Louis Vuitton, Cartier Asymmetric 'Crash' wristwatch, etc.

 

Incidentally, prior to the ED, Saffronart had conducted an auction of seized items on behalf of the IT Department in March 2019 and sold items worth Rs. 54.84 crore.