Realty News
SeasonTwo Living and RPS Group Sign MoU for Senior-Living Communities
SeasonTwo Living and RPS Group signed an MoU on October 15, 2026, for proposed senior- and active-living communities across India. The partners are targeting about 2,000 residential and operating keys and a potential development opportunity of nearly ₹1,500 crore.
| MoU signed | October 15, 2026 |
|---|---|
| Planned Phase 1 | Approximately 10 cities, initially focused on Goa, Delhi and Varanasi |
| Target | Approximately 2,000 residential and operating keys |
| Potential development opportunity | Nearly ₹1,500 crore |
| RPS Group role | Land identification and development, execution, capital mobilisation, marketing and direct sales |
| SeasonTwo Living role | Community design, hospitality-led operations, wellness, resident engagement and long-term management |
A proposed multi-city partnership
As of October 19, 2026, the agreement is a proposed rollout, not a set of named, launched projects. The companies identify Goa, Delhi and Varanasi—also referred to as Banaras—as the initial focus markets within a planned Phase 1 of approximately 10 cities.
The partners describe the target as approximately 2,000 residential and operating keys. That wording does not establish that the target represents 2,000 homes for sale. The nearly ₹1,500 crore figure is described as a potential development opportunity, not confirmed investment or a transaction value.
How the partners divide responsibilities
RPS Group is to identify and develop land, execute projects, mobilise capital, and handle marketing and direct sales. SeasonTwo Living is to provide senior- and active-living community design, hospitality-led operations, wellness, resident engagement and long-term community management.
SeasonTwo Living currently operates communities in Thiruvananthapuram and Kochi, and has separately stated plans to expand its Kerala platform to approximately 1,000 keys. The company’s website lists communities in Pattom, Pettah and Peroorkada in Thiruvananthapuram and Kakkanad in Kochi.
What it means for buyers and investors
The MoU signals an intended expansion of managed senior- and active-living communities beyond SeasonTwo Living’s Kerala base. For prospective residents and investors, the announcement is an early-stage business plan rather than a project-level offer: the companies have not named sites or disclosed unit prices, configurations, construction or possession dates, or a sales structure.
The announcement does not say whether the proposed communities will offer individual homes for purchase. The 2,000-key target and potential development value should therefore not be treated as confirmed saleable housing supply or committed project capital.
What happens next
The next steps under the announced plan would be turning the broad city rollout into specific sites and projects. The MoU announcement does not set a launch, construction or sales timetable. SeasonTwo Living’s separate Kerala expansion plan has no stated completion date.
Frequently asked questions
Which cities are in the initial focus?
The partners named Goa, Delhi and Varanasi (also called Banaras) as the initial focus markets within a planned Phase 1 rollout of approximately 10 cities.
Does the 2,000-key target mean 2,000 homes will be sold?
No. The announcement describes approximately 2,000 residential and operating keys; it does not establish that all are saleable homes.
Is the nearly ₹1,500 crore figure confirmed investment?
No. It is described as a potential development opportunity, not confirmed investment or a disclosed transaction value.
Can buyers book a home in one of the proposed communities?
The MoU announcement does not identify a project or state that individual units are available for purchase.
When will construction or sales begin?
The announcement gives no project launch, construction or sales date.