The fire began from a shop and soon engulfed the apparel shop next to it, they said.
It also spread to an adjacent HDFC bank.
The estimate of the damage in the bank branch was not known immediately, the sources said.
Five fire tenders were pressed into service which doused the fire after nearly two hours.
There was no report of any casaulty, the sources said.
The shops are located in an apartment-cum-commercial centre in posh Boring Road area.
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