For a long time, human societies have been witnessing the intrinsic connection between their all-encompassing development and freshwater resources. However, with its increasing demand for the swelling population and growing economies, the availability of these finite resources is further skewed down, both in terms of quantity as well as quantity. Rapid urbanization, land use, land cover change, climate change, and frequent extreme weather conditions further exacerbate the challenges for sustainable water resource management. It is predicted that more than 60% of the world’s population will live in urban areas by the year 2050, which will lead to an enormous increase in the need for water. In particular, hasty urbanization, poor governance, data scarcity, and insufficient infrastructure are the key factors for urban water scarcity in the developing nations around the world. This leads to other cascading effects, like changes in the hydrological cycle, food insecurity, health issues, high vulnerability to the frequent extreme weather conditions and stressed human well-being, etc