There have been no reports of any casualties so far as the policemen were seen making requests to the residents and others to come out of the building.
The fire was noticed around 1000 hours in an electronic shop. With thick smoke engulfed, the efforts of the firefighting personnel to douse the fire hampered.
Personnel from the emergency combat force, police and the fire brigade were conducting joint operation to control the fire and rescue the stranded people in the building, sources said.
Two firefighting vehicles were deployed in the operation and some other vehicles were kept on standby.
(With UNI inputs)