The fire had broken out at a Brihanmumbai Electric Supply and Transport (BEST) sub-station in a building opposite Manish market around 4:30 pm. 12 fire tenders, 10 water tankers and one ambulance were pressed into service to battle the blaze.
The fire erupted in a two-storied building, which also houses godowns storing toys, Chief Fire Officer Suhas Joshi told reporters. The cause of fire was not yet known, Mr Joshi said adding the transformer in the BEST sub-station was not burnt.
Manish Market is mainly used by wholesale dealers.
There was another fire in the Manish Market in November last year which gutted around 300 shops. The report on that fire is still awaited. Sabotage was suspected at that time.
(With PTI inputs)