Bhupen Khakhar Watercolors: Value & Auction Prices

1934–2003

ArtSell has recorded 29 auction results for Bhupen Khakhar watercolors between 2013 and 2026, and 27 of them sold (93%). Across 27 sales with a published price, the typical result was $8.5kSign up free to see to $47.8kSign up free to see (median $18.9kSign up free to see). The highest recorded price is $474kSign up free to see for We Request Thou to Give Us Two - We Only Have One at Pundole's in September 2025. Sales were recorded mainly at Saffronart (21) and Pundole's (8).

Price chart & statistics for Bhupen Khakhar →

All watercolors results

1. 
   Untitled

   Watercolor · Paper

   35.9 x 48 cm

   Pundole's · Sep 24, 2026 · Lot 58
   ₹4,800,000≈ $50,016≈ £37,834≈ €44,001HammerSign up free to seeEst. ₹1,500,000–2,000,000View at Pundole's ↗
2. 
   Family

   Watercolor · Paper

   Pundole's · Mar 12, 2026 · Lot 32
   ₹4,200,000≈ $45,570≈ £34,035≈ €39,465HammerSign up free to seeEst. ₹800,000–1,200,000View at Pundole's ↗
3. 
   Untitled

   Watercolor · Paper

   Pundole's · Mar 12, 2026 · Lot 31
   ₹42,000,000≈ $455,700≈ £340,354≈ €394,648HammerSign up free to seeEst. ₹8,000,000–12,000,000View at Pundole's ↗
4. 
   Untitled

   Watercolor · Paper

   63 x 95.9 cm

   Pundole's · Mar 12, 2026 · Lot 34
   ₹8,500,000≈ $92,225≈ £68,881≈ €79,869HammerSign up free to seeEst. ₹3,000,000–5,000,000View at Pundole's ↗
5. 
   Fall

   Watercolor · Paper

   29.5 x 43.5 cm

   Saffronart · Dec 10, 2025 · Lot 5
   ₹3,840,000≈ $42,701≈ £32,082≈ €36,703Price realizedSign up free to seeEst. ₹1,500,000–2,000,000View at Saffronart ↗
6. 
   Kiss

   Watercolor · Paper

   29 x 41 cm

   Saffronart · Sep 27, 2025 · Lot 63
   ₹3,120,000≈ $35,162≈ £26,329≈ €30,125Price realizedSign up free to seeEst. ₹2,000,000–3,000,000View at Saffronart ↗
7. 
   We Request Thou to Give Us Two - We Only Have One

   Watercolor · Paper

   107.3 x 91.7 cm

   Pundole's · Sep 25, 2025 · Lot 37
   ₹42,000,000≈ $473,760≈ £353,052≈ €403,578HammerSign up free to seeEst. ₹10,000,000–20,000,000View at Pundole's ↗
8. 
   Reclining Man

   Watercolor · Paper

   24.8 x 34.7 cm

   Pundole's · Mar 27, 2025 · Lot 5
   ₹2,200,000≈ $25,652≈ £19,818≈ €23,785HammerSign up free to seeEst. ₹800,000–1,200,000View at Pundole's ↗
9. 
   Untitled

   Watercolor · Paper

   22.8 x 30.9 cm

   Pundole's · Mar 6, 2025 · Lot 40
   ₹1,700,000≈ $19,516≈ £15,146≈ €18,077HammerSign up free to seeEst. ₹600,000–800,000View at Pundole's ↗
10. 
    Untitled

    Watercolor · Paper

    26 x 18 cm

    Saffronart · Sep 14, 2024 · Lot 59
    ₹1,560,000≈ $18,595≈ £14,176≈ €16,781Price realizedSign up free to seeEst. ₹800,000–1,000,000View at Saffronart ↗
11. 
    Golden Curtain

    Watercolor · Paper

    90.5 x 81 cm

    Saffronart · Mar 13, 2024 · Lot 14
    ₹7,800,000≈ $94,224≈ £73,607≈ €86,136Price realizedSign up free to seeEst. ₹5,000,000–7,000,000View at Saffronart ↗
12. 
    Untitled

    Watercolor · Paper

    Pundole's · Dec 7, 2023 · Lot 71
    ₹15,000,000≈ $180,000≈ £143,301≈ €167,115HammerSign up free to seeEst. ₹6,000,000–8,000,000View at Pundole's ↗
13. 
    Untitled

    Watercolor · Paper

    56.2 x 76 cm

    Saffronart · Apr 6, 2022 · Lot 26
    ₹5,760,000≈ $75,974≈ £58,058≈ €69,555Price realizedSign up free to seeEst. ₹3,000,000–4,000,000View at Saffronart ↗
14. 
    Untitled

    Watercolor · Paper

    45 x 30.3 cm

    Saffronart · Jun 25, 2020 · Lot 81
    Unsold / did not meet reserveEst. ₹1,200,000–1,800,000View at Saffronart ↗
15. 
    Man with a Monkey

    Watercolor · Paper

    76 x 56 cm

    Saffronart · Dec 6, 2018 · Lot 63
    $40,200≈ £31,495≈ €35,415Price realizedSign up free to seeEst. $20,000–25,000View at Saffronart ↗
16. 
    Untitled

    Watercolor · Paper

    24.4 x 26.7 cm

    Saffronart · Dec 6, 2018 · Lot 62
    ₹616,860≈ $8,698≈ £6,814≈ €7,663Price realizedSign up free to seeEst. ₹600,000–800,000View at Saffronart ↗
17. 
    His Last Days of Aids - He Remembered His Friends

    Watercolor · Paper

    108.4 x 124.5 cm

    Saffronart · Jun 7, 2017 · Lot 47
    Unsold / did not meet reserveEst. ₹6,000,000–8,000,000View at Saffronart ↗
18. 
    Untitled

    Watercolor · Paper

    29 x 39.4 cm

    Saffronart · Jun 9, 2016 · Lot 35
    ₹1,157,112≈ $17,345≈ £11,994≈ €15,291Price realizedSign up free to seeEst. ₹700,000–900,000View at Saffronart ↗
19. 
    Cruelty to Woman

    Watercolor · Paper

    40.5 x 31 cm

    Saffronart · Jun 9, 2016 · Lot 33
    $8,400≈ £5,809≈ €7,405Price realizedSign up free to seeEst. $8,000–10,000View at Saffronart ↗
20. 
    Untitled

    Watercolor · Paper

    22.9 x 25.4 cm

    Saffronart · Mar 19, 2015 · Lot 19
    ₹359,352≈ $5,742≈ £3,863≈ €5,378Price realizedSign up free to seeEst. ₹200,000–300,000View at Saffronart ↗
21. 
    Untitled

    Watercolor · Paper

    25.4 x 35.6 cm

    Saffronart · Mar 27, 2014 · Lot 144
    $5,700≈ £3,429≈ €4,143Price realizedSign up free to seeEst. $5,000–7,000View at Saffronart ↗
22. 
    Untitled

    Watercolor · Paper

    39.4 x 29.2 cm

    Saffronart · Mar 27, 2014 · Lot 104
    ₹324,972≈ $5,385≈ £3,240≈ €3,914Price realizedSign up free to seeEst. ₹300,000–400,000View at Saffronart ↗
23. 
    Untitled

    Watercolor · Paper

    39.4 x 29.2 cm

    Saffronart · Mar 27, 2014 · Lot 66
    ₹324,972≈ $5,385≈ £3,240≈ €3,914Price realizedSign up free to seeEst. ₹300,000–400,000View at Saffronart ↗
24. 
    Untitled

    Watercolor · Paper

    39.4 x 29.2 cm

    Saffronart · Mar 27, 2014 · Lot 17
    ₹360,372≈ $5,971≈ £3,592≈ €4,340Price realizedSign up free to seeEst. ₹300,000–400,000View at Saffronart ↗
25. 
    Untitled

    Watercolor · Paper

    22.9 x 30.5 cm

    Saffronart · Dec 12, 2013 · Lot 77
    $7,812≈ £4,762≈ €5,671Price realizedSign up free to seeEst. $6,000–8,000View at Saffronart ↗
26. 
    Silverheads

    Watercolor · Paper

    39.4 x 29.2 cm

    Saffronart · Sep 25, 2013 · Lot 58
    $9,912≈ £6,178≈ €7,340Price realizedSign up free to seeEst. $9,000–12,000View at Saffronart ↗
27. 
    Memories of Thailand

    Watercolor · Paper

    68.6 x 45.7 cm

    Saffronart · Sep 25, 2013 · Lot 57
    $13,212≈ £8,234≈ €9,784Price realizedSign up free to seeEst. $12,000–18,000View at Saffronart ↗
28. 
    Untitled

    Watercolor · Paper

    38.1 x 25.4 cm

    Saffronart · Sep 25, 2013 · Lot 56
    $9,000≈ £5,609≈ €6,665Price realizedSign up free to seeEst. $8,000–10,000View at Saffronart ↗
29. 
    Rains on Lovers

    Watercolor · Paper

    44.4 x 58.4 cm

    Saffronart · Sep 25, 2013 · Lot 55
    $18,900≈ £11,779≈ €13,996Price realizedSign up free to seeEst. $10,000–15,000View at Saffronart ↗

Other media by Bhupen Khakhar

PaintingsWorks on PaperOil PaintingsAcrylic PaintingsMixed MediaDrawings

All Bhupen Khakhar auction results →