In one of the most high-profile luxury housing transactions in Mumbai this year, Siddhartha Sacheti, brother of CaratLane founder Mithun Sacheti, has purchased two sea-facing apartments in Mumbai’s upscale Worli neighbourhood for a total of ₹160 crore, documents accessed by Zapkey revealed.
The two apartments are located in Three Sixty West, a marquee luxury residential project by Oberoi Realty, which has consistently attracted India’s wealthiest entrepreneurs, celebrities, and business leaders.
According to property registration documents, each apartment was sold for ₹80 crore, carrying a carpet area of 6,130 sq ft and including five dedicated parking spaces per unit. Together, the two units span an expansive 12,260 sq ft of living space in one of Mumbai’s most sought-after towers.
The per-square-foot rate works out to approximately ₹1.3 lakh, making it one of the highest-value residential transactions of 2025. Both units were purchased directly from Oberoi Realty, signifying sustained demand for premium inventory even in the developer’s direct sales channel.
Property data firm Zapkey also noted that Siddhartha Sacheti came into significant wealth following the 2023 sale of CaratLane to Titan Company Limited, from which he reportedly received ₹4,621 crore. That transaction gave him one of the largest liquidity events among Indian startup entrepreneurs in recent years, paving the way for high-value investments across asset classes.
About Three Sixty West: Mumbai’s Billionaire Address
Three Sixty West, located on Dr. Annie Besant Road in Worli, has rapidly established itself as a benchmark for ultra-luxury urban living. Developed jointly by Oberoi Realty and Sahana Group, the project comprises two towers — one dedicated to private residences and the other housing a five-star hotel managed by Ritz-Carlton.
The project’s name, Three Sixty West, signifies both its approximate 360-metre height and its westward sea-facing orientation, offering uninterrupted views of the Arabian Sea and Bandra–Worli Sea Link.
Each residence in the tower is designed to global luxury standards, featuring expansive decks, imported finishes, and integrated smart home systems. Amenities include a sky lounge, indoor and outdoor pools, private elevators, state-of-the-art fitness centres, personalised concierge services, and on-demand hotel hospitality access — all factors that have made the project a “trophy address” for India’s elite.
The project received its occupation certificate (OC) in 2022, and since then, has seen a steady stream of record-breaking property transactions.
As per the MahaRERA portal, the project is registered under Oasis Realty as the promoter, with four co-promoters — SkyLark Buildcon Pvt Ltd, Shree Vrunda Enterprises (part of Sudhakar Shetty’s Sahana Group), and Oberoi Group entities Oberoi Constructions Ltd and Astir Realty LLP, both promoted by Vikas Oberoi.
Recent Big-Ticket Deals in 360 West
The Three Sixty West development has consistently featured in Mumbai’s most expensive property transactions in the last three years:
- Akshay Kumar and Twinkle Khanna sold their 6,830 sq ft apartment on the 39th floor in January 2025 for ₹80 crore, paying ₹4.8 crore in stamp duty, according to IndexTap data.
- In 2024, Bollywood actor Shahid Kapoor and Mira Kapoor bought a 5,395 sq ft apartment for around ₹60 crore.
- Karan Bhagat, founder and CEO of 360 One (formerly IIFL Wealth), acquired two units valued at over ₹170 crore.
- The Indiana Group, a diversified industrial firm, purchased a ₹76 crore apartment on the 19th floor, measuring 5,395 sq ft, at a record ₹1.41 lakh per sq ft, one of the highest recorded in India.
The Worli–Lower Parel stretch continues to be Mumbai’s epicentre for luxury real estate. With seamless connectivity via the Bandra–Worli Sea Link and proximity to business districts like BKC and Nariman Point, the area combines convenience with prestige.
Over the past five years, Worli has seen a transformation from an industrial belt into an ultra-premium residential corridor, lined with marquee towers such as Lodha World Towers, Raheja Artesia, and Indiabulls Blu, besides Three Sixty West.
As per HT, According to local brokers, average per sq ft prices for sea-facing luxury apartments in Worli range from ₹95,000 to ₹1.4 lakh, depending on the floor, configuration, and view.
Sandeep Reddy, co-founder of Zapkey, said, “360 West has become the definitive trophy address for the India's richest, given the convergence of prime location, expansive sea views and five-star services, which is incredibly scarce! The high concentration of deals here creates a powerful network effect—it’s become a vertical billionaire’s enclave and perfectly captures the current market appetite in the luxury housing market,”
The deal comes amid a record-breaking year for Mumbai’s high-end residential market. According to Knight Frank India, over ₹12,000 crore worth of residential sales above ₹10 crore were registered in the city over the past 12 months.
A combination of rising wealth creation, startup liquidity events, and limited supply of marquee homes has fuelled this growth. Developers report that high-net-worth individuals (HNIs) increasingly view prime Mumbai real estate as a store of value — comparable to art, vintage cars, or global real estate holdings.
Luxury realty analysts note that the Three Sixty West project exemplifies the convergence of lifestyle, exclusivity, and brand equity. Beyond square footage, buyers are drawn to its curated community of ultra-rich residents, world-class hospitality tie-ins, and long-term capital stability.
Image source- oberoirealty.com
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