In the early footages of the spot, huge flames and plumes of smoke could be seen rising from the Golden Hotel located in the Vijay Nagar police station area.
The fire-fighting team has arrived at the site of the accident and is constantly trying to gain control over the fire.
People stuck inside the hotel, have been rescued.
The exact cause of the fire has not yet been ascertained.
As soon as the fire was reported, those present in the hotel were evacuated and simultaneously, people in the adjoining residential buildings were also alerted, he said.
According to eyewitnesses, fire brigade employees made hectic efforts to douse the flames which spread to inner areas of the hotel.
Indore Municipal Corporation's deputy commissioner Mahendra Singh Chauhan was quoted by news agency PTI as saying that the hotel comprised some restaurants and around 25 rooms,
"There is no information of any casualty so far," he said, adding that the cause of the fire was not yet known.
Efforts were underway to douse the blaze, he said.
(This is a breaking news story; more details are awaited)
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