Srinagar, Jan. 6 -- A large house boat sank early Wednesday morning in Srinagar, as snow battered the city and the rest of the valley for fourth consecutive day.

According to initial inputs, the Houseboat named 'Bulzimar' belonging to one Gulam Nabi, located near Nehru Park in Dal Lake, leaked in water during the intervening night of Tuesday and Wednesday.

It eventually sank by Wednesday morning.

It was the 8th such episode in the last six months as more houseboats have started to collapse since their owners could not afford the yearly coring of the wooden structures.

Coring is periodic plugging of the gaps between the wooden planks of the houseboat's floor with a special, dried grass to keep the boat watertight.

It costs around Rs 6...