A massive fire broke out today in a commercial high-rise building in north-western Mumbai, news reports said.

The incident took place at around 10:45 am at the 11th floor of the First International Finance Center (FIFC) in Bandra-Kurla Complex and spread till the 13th floor.

Several fire tenders, water tankers and four special appliance vehicles rushed to the spot.

The blaze is now said to be under control after nearly two hours and no casualties were reported so far, authorities said.

It's said that there were very few people inside the multi-story building when the fire broke out and the chances of anyone being trapped inside are remote.

However, recent reports suggest that ten laborers, who were trapped inside the newly-constructed building, were rescued and the complex has been evacuated. 

A senior police inspector Chandrakant Bhosle said according to Press Trust of India that "10-12 laborers were working on the interior decoration of the building, which is not operational."

The building is located next to Mumbai Metropolitan Region Development Authority (MMRDA) building and the American school.

Initial reports claimed short-circuit to be the cause of the fire as the building is still under construction, but the actual reason is still unknown. 

Friday's incident is the second major fire mishap that took place this week. On Wednesday, a huge blaze gutted the firecracker factory in Tamil Nadu, claiming the lives of nearly 50 laborers.

The fire broke out at the OM Shiva Shakti Firework factory in Sivakasi, which is the main hub for the manufacturing of fire cracker and matches in the country.

Several dozen people suffered burn injuries, many of whom later died in the hospital.

Forty of the total sixty rooms were razed in fire, while nearly 300 workers were present inside at the time of explosion.

So far, six people including the owner of the fireworks factory have been arrested in connection with the fire.