Popularly known as MF and regarded as "Picasso of India", the artist breathed his last at the Royal Brompton Hospital at 2.30 am local time.
Born in Pandharpur in Maharashtra on 17th September 1915, Husain courted controversy over his paintings of Hindu goddesses.
His paintings on goddesses Durga and Saraswati invited the wrath of Hindu groups which attacked his house in 1998 and vandalised his art works.
In February 2006, Husain was charged with hurting sentiments of people because of his paintings.
Three of Husain paintings recently topped a Bonham's auction in London, going under the hammer for Rs 2.32 crore with an untitled oil work in which the legendary artist combined his iconic subject matters -- horse and woman -- fetching Rs 1.23 crore alone.
Prime Minister Manmohan Singh has condoled the death of celebrated Indian artist M F Husain in London, terming it as a "national loss".