The incident occurred at around 2 AM in C-Block of Connaught Place on top of Jain Book Depot, said an officer from Delhi Fire Services.
No casualties were reported as there was no one in the market, police said, adding that had it been working hours, there could have been more damage.
"A case under section 336 (Act endangering life or personal safety of others) of the IPC has been registered against unknown persons. We have asked NDMC (New Delhi Municipal Council) to inspect the portion that has collapsed and have sought details about the ownership of the shop from them," said a senior police officer.
The vacant shop earlier housed a beauty parlour but it was vacated last year in September, police said.
NDMC is planning to conduct an audit of the buildings in Connaught Place following the incident.
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