Murray & Co’s Iconic Hammer Nears 100 Years of Unbroken Auctions in Madras

Murray & Co, the renowned auction house based in Madras (now Chennai), is approaching its centenary, having conducted auctions without interruption since February 10, 1927. The only exceptions were a brief pause during a relocation to a new address and the COVID-19 pandemic. Partner Hemant Srivatsa shared insights into the firm’s long journey, highlighting its resilience and continuous operation.

Initially focused on real estate auctions, Murray & Co later expanded into retail auctions of household goods and furniture, followed by industrial auctions. Despite changes in its operational locations over the decades, the auction house has maintained a prominent place in the public consciousness. Srivatsa noted that the famous ‘hammer’ has become a symbol of trust and continuity in the auction world.

As Murray & Co nears its 100-year milestone, it stands as clear evidence of enduring business practices and adaptability. The firm’s evolution mirrors broader economic shifts in India, from real estate to industrial assets. Its upcoming centenary is expected to be celebrated by clients and the community, reinforcing its legacy in the auction industry.