A five-storey building has collapsed in Mumbai at day-break in the latest accident in India's financial capital, killing at least three people with dozens feared trapped inside.

Local people put the number of residents usually inside the apartment block as high as 60.

At least three people were killed and 16 others have been pulled alilve from the building and rushed to hospital, Alok Awasthi, an official with the National Disaster Response Force, said.

Officials said the building was believed to have been 35 years old.

Five other apartment blocks have collapsed in or close to Mumbai in recent months, including one in April that killed 74 people.

Across India, building collapses have become relatively common. Massive demand for housing around India's fast-growing cities combined with widespread corruption often result in builders using substandard materials or adding unauthorised floors.

Source: Al Jazeera