Thursday, April 22, 2010
Saffronart expands into property sales
The first time I read the Christie's magazine I was impressed by the art on offer, but even more so by the properties listed for sale: Tuscan villas, Bavarian mansions, French vineyards, English country homes, some of them centuries old. It was such a refreshing change from the Indian scenario, which consisted mainly of ugly apartments exchanging hands in shadowy transactions.
I'm very glad, therefore, that Saffronart is expanding its portfolio to include high-end properties. The auction house has already established a foothold in jewelery sales, and this latest diversification should strengthen it further.
Minal and Dinesh Vazirani have built Saffronart with a professionalism and passion that kept it going through the dotcom bust as well as the recent financial meltdown. I wish them all the best with their latest venture. And if any readers of this blog have a million dollars lying around, you might consider acquiring the properties shown here.
Well, OK, a million bucks will only get you the cheapest ones.