_pages-to-jpg-0001.jpg)
In a landmark luxury real estate transaction, Siddhartha Sacheti, brother of CaratLane founder Mithun Sacheti, has purchased two sea-facing residences in Mumbai’s prestigious Three Sixty West for a combined Rs160 crore, according to property documents accessed by Zapkey.
Located in Worli, the twin apartments span 12,260 sq ft and were acquired directly from Oberoi Realty at Rs80 crore each. With a per-square-foot rate of Rs1.3 lakh and five parking spaces per unit, the deal underscores sustained demand for premium inventory in Mumbai’s ultra-luxury segment.
Sacheti’s purchase follows his reported Rs4,621 crore windfall from the 2023 CaratLane–Titan deal, positioning him among India’s most liquid startup entrepreneurs. His investment reflects a growing trend among HNIs to treat prime Mumbai real estate as a long-term store of value.
Three Sixty West, jointly developed by Oberoi Realty and Sahana Group, has emerged as a trophy address for India’s elite. The project features two towers — one residential and one hotel-managed by Ritz-Carlton — offering panoramic sea views, private elevators, concierge services, and global-grade amenities.
The tower has consistently attracted high-profile buyers. Recent transactions include Akshay Kumar and Twinkle Khanna’s Rs80 crore sale, Shahid Kapoor’s Rs60 crore purchase, and Karan Bhagat’s Rs170 crore acquisition. The Indiana Group also set a record with a Rs1.41 lakh per sq ft deal.
Worli’s transformation into a luxury corridor continues to drive marquee deals, with average sea-facing rates ranging from Rs95,000 to Rs1.4 lakh per sq ft. According to Knight Frank India, Mumbai registered over Rs12,000 crore in residential sales above Rs10 crore in the past year alone.
Sandeep Reddy, co-founder of Zapkey, noted, “360 West has become the definitive trophy address for India’s richest, given the convergence of prime location, expansive sea views and five-star services, which is incredibly scarce.”
With liquidity events, brand equity, and lifestyle aspirations converging, Three Sixty West remains a symbol of Mumbai’s evolving luxury housing narrative.
