In this paper, we consider a certain sequence of homogeneous flat vector bundles on a compact locally symmetric orbifold, and we compute explicitly the associated asymptotic Ray-Singer analytic torsion. The basic idea is converting this question via the Selberg's trace formula into computing the semisimple orbital integrals. Then the central part is to evaluate the elliptic orbital integrals which are not identity orbital integrals. For that purpose, we deduce a geometric localization formula, so that we can rewrite an elliptic orbital integral as a sum of certain identity orbital integrals associated with a smaller Lie group. The explicit geometric formula of Bismut for semisimple orbital integrals plays an essential role in these computations.By (3.5.8), (3.5.9), we get (3.5.11)Recall that the measures dz, dv on Z(γ), Z(γ)\G are defined in (3.3.8). Then(3.5.12)By (3.3.7), (3.3.9), we get (3.5.13)Take γ ∈ Γ. Let K(γ) be a maximal compact subgroup of Z(γ) so that X(γ) = Z(γ)/K(γ). Then K(γ) acts on Z(γ) on the right, which induces an action on Γ ∩ Z(γ)\Z(γ) on the right. Set (3.5.14) ∆(γ) = ker(K(γ) → Diffeo(Γ ∩ Z(γ)\Z(γ))). Then ∆(γ) is a finite subgroup of Γ ∩ K(γ). Set (3.5.15) S(γ) = ker(Γ ∩ Z(γ) → Diffeo(X(γ))). Then ∆(γ) ⊂ S(γ) and S(γ) represents the isotropy group of the principal orbit type for the right action of K(γ) on Γ ∩ Z(γ)\Z(γ). As in (3.4.14), we have (3.5.16) Vol(Γ ∩ Z(γ)\Z(γ)) = Vol(K(γ)) |S(γ)| Vol(Γ ∩ Z(γ)\X(γ)).