India, Feb. 12 -- A Level 2 fire burned down over 400 shops and godowns in the Oshiwara old furniture market in Jogeshwari West at around 11.30 am on Tuesday. Devastated shop owners said they had incurred a loss of over Rs.20 crore, the blow coming even as they were still trying to recover from a similar fire in March 2023.

By 5.45 pm, the fire, which had spread over an area of 8 to 10 square metres, had been extinguished, with no injuries reported. Cooling operations were, however, on till 10 pm. "We are still investigating the preliminary cause of the fire," said a fire brigade official.

The Oshiwara market is one of the oldest furniture markets in the city, with antique shops, factories and godowns. The market is divided into three c...