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An industry be it real estate or food and beverage or any other industry is always determined by certain factors which influence its demand, growth, success or failure. The major challenge and the most influencing factor is the humans involved, as they are the ones whose needs, behavior, attitude, and demands keep changing from time to time. So to say one of the most influencing factors for a real estate industry is Demographics.

This is a composition of the population, such as their age group, race, gender, income, population growth or migration. Though a lot of factors determine how an industry works, but the people factor is something which becomes a prime input when deciding how exactly people think when it comes to buying or investing in a property, and this thus affects the pricing of the real estate market overall. So, when the demographic factors change on an average the real estate industry trends change too and Gurgaon real estate is adopting such a change. 

To say for example, in India when someone approaches their mid-50’s, their demand from a luxury apartment shifts to buying themselves a vacation home or bungalow, which is for relaxing and reuniting with their family and friends over weekends and a home for stay post-retirement, away from the main city. There is also a demand for a residence when a couple decides to marry or settle down and they make a decision of buying or renting a home for starting their new journey which is accommodating their budget and affordable housing scheme Gurgaon is something which they should look for.

Thus, demographic factors become one of the essential factors that influence real estate market.