Francis Newton Souza Painting Fetches Record $7.5M at Sotheby's
The Indian art market has witnessed a remarkable surge, with Goa-born artist Francis Newton Souza becoming the country's third most valuable artist. This meteoric rise was solidified when Souza's painting 'Houses in Hampstead' fetched a record-breaking USD 7.5 million at Sotheby's in London. The sale, which took place on September 30, 2025, marked the first time one of Souza's works was auctioned during his lifetime. The painting's impressive price tag not only set a new record for the artist but also underscored the burgeoning interest in Indian art, particularly from new collectors. Souza, known for his distinctive style that blends elements of cubism and expressionism, has long been celebrated in India. However, it is only recently that his works have started commanding international attention and prices to match. The record-breaking sale at Sotheby's is a testament to this growing appreciation. With this sale, Francis Newton Souza joins an elite group of Indian artists whose works have crossed the USD 7 million mark. The Indian art market's record-breaking growth shows no signs of slowing down, as collectors worldwide continue to recognize the unique value and appeal of Indian art.
