Credai's Chennai unit accuses Anarock of publishing inaccurate data

Anarock declines to comment on letter by real estate developers alleging inaccurate data on unsold inventory in the city.

The Chennai unit of the Confederation of Real Estate Developers Association of India (Credai), a national group of property developers, has accused Anarock Property Consultants of publishing wrong data on unsold inventory in the city.

Anarock said a report on April 2  that Chennai has unsold inventory of 33,500 units of which 9,400 units worth Rs 5,800 crore are ready. Credai called the report's data "unverified, unauthenticated, misleading". 

"We have tried reaching your office to ascertain the basis of such a claim and have not heard from anyone on the same. This makes us conclude that the numbers quoted by your