"Rescue operations are already underway. We have sent 12 fire brigade vehicles to the spot. Ambulances are also ready to take the victims to the hospital," the fire control room official said.
Police suspected the heavy rains that lashed the could have weakened the building.
Last month, 17 people were killed when a four-storey building collapsed in an eastern suburb of Mumbai.
Torrential monsoon rains are also lashing Pakistan's port city of Karachi.
TV footage showed streets were submerged already after the heavy rains began today.
Pakistan's meteorological department says rains will continue for three days in various parts of Sindh province, where authorities closed schools as a precaution. Windstorms and rains are also expected in the southwestern Baluchistan and eastern Punjab provinces.
The meteorological department says rains are also expected in the capital, Islamabad, and in Pakistan's portion of Kashmir.
Rains regularly trigger floods in South Asian nations during the monsoon season, which runs from June through September.
-AAP, AP