Here are the latest developments:
Late last night, water levels crossed the danger mark in the river Jhelum, causing panic in a region devastated by floods six months ago that left some 250 people dead and destroyed thousands of homes.
16 people are missing after mudslides triggered by rain buried homes in parts of the Valley like Budgam. At least 10 were buried in the debris of one house.
All schools were closed on Monday and exams were postponed as the state government declared a flood. The rain has now stopped and the water is receding.
Prime Minister Narendra Modi took stock of the situation in Kashmir this morning and deputed union minister Mukhtar Abbas Naqvi to monitor relief operations.
"I hope and pray that we don't have to face the situation we faced in September. But there is no loss of communication or any major loss to roads," said former chief minister Omar Abdullah.
At least 100 personnel of the National Disaster Response Force have been rushed to Srinagar. "Communication lines are intact and we are prepared," said OP Singh, who heads the disaster management force.
Reports said shikaras, or wooden boats, have been moved to various police stations for possible rescue operations if the flooding worsens.
The Srinagar-Jammu national highway continues to remain closed for the third straight day due to landslides.
The Met Department has predicted more rain over the next six days.
This year, in large parts of India, March has been the wettest month in more than a century, wrecking millions of hectares of winter crops.
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