Jaipur Gems CEO Acquires ₹160 Cr Duplex in Mumbai’s Three Sixty West
Siddhartha Sacheti, the creative director and CEO of Jaipur Gems, has made a significant real estate purchase in Mumbai, acquiring two ultra-luxury apartments in the iconic Three Sixty West tower for a total of ₹160 crore.
Real EstateLuxury ApartmentsMumbaiThree Sixty WestJaipur GemsReal Estate MumbaiOct 20, 2025
Siddhartha Sacheti, the creative director and CEO of Jaipur Gems, has made headlines with a high-profile real estate purchase in Mumbai. Sacheti has bought two ultra-luxury apartments at the iconic Three Sixty West tower in Worli for a combined value of Rs 160 crore. The flats, each measuring 6,130 sq ft, are located on the 51st and 52nd floors of the skyscraper.
According to property registration documents accessed via Zapkey, the transactions were completed on 16 October. The two apartments, priced at Rs 80 crore each, include a total of 10 car parking spaces. It is widely believed that the two units will be converted into a duplex, further enhancing their exclusivity.
Three Sixty West: Mumbai’s Ultimate Trophy Address
Developed by Oberoi Realty, the Three Sixty West tower has become one of the most desirable addresses in India. The luxury skyscraper on Annie Besant Road is known for its sweeping sea views, five-star hotel-style services, and strategic location in Worli, a premium Mumbai neighbourhood. In recent years, the building has seen multiple high-value transactions involving entrepreneurs, industrialists, and startup founders.
Real estate expert and Zapkey co-founder Sandeep Reddy described the building as a “vertical billionaire’s enclave.” He added that the location’s prestige, along with its network of ultra-rich residents, makes it a magnet for India's wealthiest.
Sacheti Family Legacy in Jewellery
The Sacheti family is well known in India’s jewellery industry. Siddhartha’s father, Padam Sacheti, moved to Mumbai in 1974 to establish Jaipur Gems, now a luxury jewellery brand. His sons later joined the family business. Siddhartha’s brother, Mithun Sacheti, is the founder of CaratLane, which he sold to Titan in 2023 for over Rs 4,621 crore. Mithun declined to comment on the recent real estate deal.
Luxury Housing on the Rise
The sale adds to the continued surge in luxury home transactions, especially in Mumbai and Gurugram, which remain hotspots in India’s high-end real estate market. The premium real estate sector is witnessing a significant increase in demand, driven by the growing wealth and lifestyle aspirations of India’s elite.
Frequently Asked Questions
Who is Siddhartha Sacheti?
Siddhartha Sacheti is the creative director and CEO of Jaipur Gems, a well-known luxury jewellery brand in India.
What is the Three Sixty West tower?
Three Sixty West is a luxury skyscraper in Worli, Mumbai, developed by Oberoi Realty. It is known for its prime location, sweeping sea views, and high-end amenities.
How much did Siddhartha Sacheti pay for the apartments?
Siddhartha Sacheti paid a total of ₹160 crore for two ultra-luxury apartments in the Three Sixty West tower.
What are the features of the apartments?
The apartments, each measuring 6,130 sq ft, are located on the 51st and 52nd floors and include a total of 10 car parking spaces.
Why is the Three Sixty West tower considered a prestigious address?
The Three Sixty West tower is considered prestigious due to its prime location in Worli, Mumbai, its luxury amenities, and its network of ultra-rich residents.
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