On The Feasibility Of The Real Estate Development Project About The Reconstruction Of FD Old City

With the accelerated urbanization process, urban space is in the net-shaped expansion and extension. During this process, the old city constructions are demolished so as to be replaced by or in superposition with the new ones, as a result of the unbalanced development of regional economy and the varied level of urban planning and design. As new urban space is extremely limited, city reconstruction has become the strategic option and only way to vigorously promote the modernization of a city to speed up the strategic optimization of urban space and functionality, and to promote sustainable economic development. The supply of land, which is scarce resource, is becoming increasingly tight. Against that background, it has become an important approach to, through reconstruction of the old city, utilize the potential resources, carry out the project of real estate, and increases the land reserve in order to solve the land problem.The real estate investment is a high-risk and high-income investment. Change for real estate projects faces the problems as high population density, the complex process of resettlement compensation, uncontrollable relocation cycle, involving many stakeholders and other reasons, therefore it is more likely to cause risk of crisis, and poor decisions will lead to investment failure or land clearing. The real estate project feasibility study is an important step in the real estate development and decision analysis process, it is an important basis on which investment decisions are made in the RE development projects. In the early stage of a real-estate project, through a comprehensive and integrated project analysis and argumentation of the technical feasibility, environmental justification and economic profitability and significant economic benefits can reduce blindness in investment decisions, improve real estate economic efficiency of enterprises and promote the rational use of urban land.This article focuses on the study of project’s feasibility in the decision stage of the investment. It is inspired and guided by the project management theory and the reconstruction theory of the old city, and takes FD real estate as a case to analyze internal factors of the reconstruction and external industry competition, combined with the advantages and disadvantages Model, The design project is positioned to meet market demand, and thus to prepare a reasonable construction plan, development design and resettlement arrangement, and finally, through the financial analysis which determines its economic benefits, to demonstrate the feasibility of the project investment, in order to provide reference to the project feasibility study.