Valuation of Art as an Investment A Study on Miniature Paintings in India

Abstract

The Indian Economy has undergone enormous changes since the advent of Economic newlineLiberalization which was initiated in 1991. Over the past few decades, with the economy opening up, the GDP growing at a healthy pace and the Stock Markets booming, the purchasing newlinepower available with the upper middle class has increased manifold. Combined with the above, newlinethe easy accessibility of data enhanced by the Internet Revolution, and the boom in the Digital newlineEconomy, has made flow of information more seamless and more readily available. newline