Demography refers to the study of human populations, including their size, distribution, and characteristics such as age, gender, and ethnicity. In the context of a real estate project, demography can refer to the demographic profile of the potential buyers or renters of the project.
Location advantage refers to the benefits or advantages that a property or project can offer due to its location. This can include factors such as proximity to transportation hubs, schools, shopping centers, or other amenities that are important to potential buyers or renters.
Price is, of course, the cost of the property or project. The price of a real estate project can vary widely depending on a variety of factors, including location, size, amenities, and demand.
Locality refers to the surrounding area or neighborhood where a property or project is located. The locality can have a significant impact on the desirability of a real estate project, as it can affect factors such as safety, access to amenities, and quality of life.