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A 28-year-old woman celebrating her birthday was among those who died, her grandfather has said.
Kamala Mills, a refurbished industrial compound, houses swanky restaurants and other commercial establishments.
The fire in the building started on the top floor and engulfed the structure in less than 30 minutes, local media reported.
Several media outlets also use the compound for their offices and at least three national news channels were affected by the fire, including Times Now and ET Now.
The fire department received a call about the blaze in a commercial building in the Kamala Mills compound in Central Mumbai around 0030 on Friday, an official said.
