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The fire occurred in the early hours of Sunday on the third floor of the 18-storey Samrat Ashoka building located on Keshavrao Khade Marg, an official said.
He said that the fire possibly started in the electrical wiring inside a duct on the third floor and then spread to the wiring right up till the top floor.
“At least 96 residents were stranded in their flats due to the fire and smoke. A rescue operation was launched by the Fire Brigade at 3 am and 50 people from the upper floors were brought down using the staircase. Four others were saved using special devices,” the official informed.
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The condition of two people, admitted in Bhatia Hospital, is critical, the official said. The blaze was brought under control at 6 am and a probe has been launched. Initial investigations reveal that the fire started due to short circuit, the official said.