New Delhi, Aug 31 (IANS): Auction house Saffronart is all set to host its evening sale that will feature important works of Modern Indian artists like Akbar Padamsee and V.S. Gaitonde.

The auction, to be organised on September 8 at The Leela Palace here, will feature 87 lots valued at a total of Rs 62 crores to Rs 88 crores. 

The sale focuses on Modern Indian art, with significant works from the post-Independence years, when India's leading artists created some of their best paintings.

Padamsee's "Greek Landscape" that firmly established him as a master and now stands as an icon of Indian Modernism, is estimated at between Rs 7 crore and Rs 9 crore.

Gaitonde's Untitled (1970), an oil on canvas that he created at a time when he had moved into his most lyrically abstract phase is estimated at between Rs 10 crore and Rs 15 crore and is the top lot in the sale.

Other highlights from the sale include paintings by S.H. Raza, K.G. Subramanyan, Nasreen Mohamedi, Gulammohammed Sheikh and Gaganendranath Tagore, among many others.

The auction will also offer works by A.A. Raiba, G.M. Solegaonkar, Ila Pal, Prodosh Dasgupta and Jacob Epstein providing greater insights into the scope of Indian Modernism as well as rare and unusual early works by the Masters.