Investment in Art...............
Earlier art is made for creativity, now art become investment instrument.
Now a days every discussion starts about investing in art??? Why so….
Many people are planning to invest in art because rapid growth seen in art market over the past few year. Many countries, the art market grown 3-4 percent, studies shown Indian art industry grown 30-40 per cent. Earlier people felt that investment in art will not give good investment, have started investing in art now because of its appreciation.
International auction houses such as Christies and Sothebys have recently began to auction contemporary art at higher price.
Increasing transparency and professionalism of art market has made many art funds and serious investors wants to invest in art. But the people should know the value and its potential growth of art work.
Link Christies, Sothebys
Many people are planning to invest in art because rapid growth seen in art market over the past few year. Many countries, the art market grown 3-4 percent, studies shown Indian art industry grown 30-40 per cent. Earlier people felt that investment in art will not give good investment, have started investing in art now because of its appreciation.
International auction houses such as Christies and Sothebys have recently began to auction contemporary art at higher price.
Increasing transparency and professionalism of art market has made many art funds and serious investors wants to invest in art. But the people should know the value and its potential growth of art work.
Link Christies, Sothebys
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