The state’s first live fundraiser art auction for the ongoing flood relief effort will be held this year on January 18 at the Kochi Muziris Biennale. Mumbai based auction house Saffronart and Kochi Biennale foundation has joined hands for the live auction. It will feature 42 works of modern and contemporary Indian art. The sale will have no Buyer’s Premium and its proceeds will be give be given to Chief Minister’s Disaster Relief fund (CMDRF). The auctions will be held at Grand Hyatt, Kochi and will be preceded by viewings at the Bastions Bungalow from January 5-17.