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The houses, already in dilapidated condition, were taken over by the Pakistan government, which had declared them as national heritage and completed all the formalities to convert them into museums in their honour.
The rains inundated both the houses, which are already in shambles and damaged some parts, local people said.
The Khyber Pakhtunkhwa Archaeology Department is yet to start the renovation work of the buildings, situated in the Qissa Khwani Bazar area.
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According to media reports, over 20 people died in rain-related incidents in Khyber Pakhtunkhwa (KP) province from mid-July. Peshawar is the capital of KP province.
Kapoor passed away due to asthma-related complications in 1988 at the age of 63, while 98-year-old Kumar breathed his last earlier this month after a prolonged illness.