Giftex.in’s Modern & Contemporary Art Auction delivered strong results; here are the top lots that surpassed estimates
Thota Vaikuntam Records 239 Lots in Auction Sales
A steady five-year rise in auction value, from 2021 to 2025, reflects strong demand for Vaikuntam’s rural Telangana vision
Thota Vaikuntam’s auction history from 2021 to 2025 reflects growing collector interest in his rural Telangana imagery. Over this five-year span, his works sold 239 times at auction. The yearly count moved from 16 lots in 2021 to 18 in 2022, 54 in 2023, 77 in 2024, and 74 in 2025.
2025 was a standout year, with 74 artworks sold. Between 2021 and 2025, 98 works sold in the ₹10 lakh to ₹50 lakh range, while 2025 alone accounted for 32 works in that bracket.
The breakdown by price point adds more context to his auction activity. Across 2021–2025, the artist sold 126 works up to ₹10 lakh, 98 works in the ₹10 lakh to ₹50 lakh range, 12 works between ₹50 lakh and ₹1 crore, and 3 works between ₹1 crore and ₹10 crore. In 2025, the distribution was 37 up to ₹10 lakh, 32 in the ₹10 lakh to ₹50 lakh range, 4 in the ₹50 lakh to ₹1 crore range, and 1 between ₹1 crore and ₹10 crore.
These figures sit alongside a consistent auction presence that has continued to build over the years. Vaikuntam’s works have remained active across the market, with his paintings and sculptures maintaining steady visibility through the period.
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