In 2000, the artist achieved a new high in the auction market with the sale of Water Carriers (1948), offered in the Indian Miniatures The Travel Sale - India and The Far East Modern and Contemporary South Asian Paintings by Sotheby's, which concluded on 08 June 2000 at London, achieving a sale price of ₹1,22,478 ($2,735). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.

In 2015, the artist achieved a new high in the auction market with the sale of A Market Scene (1948), offered in the The Fine Art Sale: Including Works from the Collection of Roshan Sabavala and Emanuel Schlesinger by Pundole, which concluded on 03 November 2015 at Mumbai, achieving a sale price of ₹32,00,000 ($44,382.31). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.

In 1951 Pai left for Paris… However, he remained an expatriate with unabated nostalgia for the verdant images of his own country, Goa, its landscapes and people. The influence of the ideologies of the modern West seems to have been marginal, a certain post-expressionistic tendency is seen in some of his later work. Perhaps the design element became much more obtrusive with an unusually strong structural emphasis but the stylised severity of the line, flatness of colours and keen sense of decoration continued. There is a certain geometrical, intellectual trait which his style acquired in Europe.

In 2006, the artist achieved a new high in the auction market with the sale of House (Paris) (1954), offered in the Forty Masterpieces Museum Quality Series VII by Osian's, which concluded on 09 September 2006 at Mumbai, achieving a sale price of ₹15,60,000 ($33,715). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.

In 2006, the artist achieved a new high in the auction market with the sale of Untitled (1958), offered in the The Indian Sale by Sotheby's, which concluded on 23 May 2006 at London, achieving a sale price of ₹8,75,058 ($19,224). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.

In 2025, the artist achieved a new high in the auction market with the sale of Church (1959), offered in the 25th Anniversary Sale by Saffronart, which concluded on 03 April 2025 at Online, achieving a sale price of ₹48,00,000 ($56,471). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.

In 1997, the artist achieved a new high in the auction market with the sale of Genesis (1960), offered in the Modern and Contemporary Indian Paintings by Sotheby's, which concluded on 10 October 1997 at New York, achieving a sale price of ₹34,256 ($945). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.

In 2004, the artist achieved a new high in the auction market with the sale of Birds (1963), offered in the Masterpieces & Museum Quality III: Indian Contemporary Paintings with Rare Books and Vintage Film Memorabilia by Osian's, which concluded on 26 March 2004 at Mumbai, achieving a sale price of ₹1,95,500 ($4,371). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.

In 2026, the artist achieved a new high in the auction market with the sale of Cactus (1963), offered in the Sublime Shadows: South Asian Art from a Distinguished Collection by Christie's, which concluded on 11 June2026 at New York, achieving a sale price of ₹56,91,782.5 ($59,462.52). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.

In 1997, the artist achieved a new high in the auction market with the sale of Greenery (1965), offered in the Modern and Contemporary Indian Paintings by Sotheby's, which concluded on 10 October 1997 at New York, achieving a sale price of ₹37,156 ($1,025). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.

In 2026, the artist achieved a new high in the auction market with the sale of Raag Todi (1965), offered in the Sublime Shadows: South Asian Art from a Distinguished Collection by Christie's, which concluded on 11 June2026 at New York, achieving a sale price of ₹73,18,006.07 ($76,451.82). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.

In 1997, the artist achieved a new high in the auction market with the sale of Mother and Child (1969), offered in the Modern and Contemporary Indian Paintings by Sotheby's, which concluded on 10 October 1997 at New York, achieving a sale price of ₹20,844 ($575). This record marked a defining moment in the artist's market history, reflecting both the significance of the artwork and its reception within the broader art world.