Srinagar, Oct 24: A day after fire erupted at the plush Residency Road damaging two buildings, the traders’ fraternity Sunday said those affected suffered losses worth lakhs of rupees.
 Though most portion of the twin buildings on fire were saved from the flames, water used in firefighting seeped into the commercial establishments thereby causing damages.
 Apart from Canara Bank, FE Paul, Raymonds showroom and Bhat Shawls, the traders said Grand Hotel, Intel Technologies, Maple Pharma and some other commercial establishments suffered losses.
 The traders’ community have appreciated the timely action of the Fire and Emergency Department (FESD) and the police.
“A lot was saved because of their timely action otherwise it would have been a devastation,” the traders said.
Meanwhile, the Residency Road and Bund Businessmen Association has hailed the FESD and the concerned police officials particularly and Superintendent of Police Zulfikar Azad and the SHO for their quick action and personal efforts to douse the fire.

Lastupdate on : Sun, 24 Oct 2010 21:30:00 Makkah time
Lastupdate on : Sun, 24 Oct 2010 18:30:00 GMT
Lastupdate on : Mon, 25 Oct 2010 00:00:00 IST