Valuation of Groundwater Resources of Dhaka City City dwellers are charged only for the cost of extraction of groundwater that are supplied. As such groundwater does not has a proper market; hence GW it is priced at a rate that does not really reflect its true value. Groundwater is a renewable resource only when it is extracted at a rate commensurate with the rate of replenishment, naturally or artificially. Depending on the hydrogeology of a city or location the rate at which the aquifers are replenished may vary widely. This rate defines the sustainable yield concept. In case of Dhaka the sustainable level of yield has already exceeded. Not surprisingly, groundwater resource in Dhaka and other cities of Bangladesh, as well many other places in the world are over extracted at an unsustainable and the water tables have went down at an alarming rate. Deep cones of depression were formed in different parts of Dhaka. Recently alternative sources of water supply for Dhaka has been explored and ** water treatment plants are being constructed. IWRM implies GW is related to many economic uses and environmental values. Dhaka’s groundwater resource is a dynamic problem, groundwater is withdrawn, slowly recharged – groundwater is being supported by conjunctive use with surface water and rain water harvesting (along with recharge possibility) is also being considered. Valuation techniques used References Qureshi, M.Ejaz, et al. “Factors Determining the Economic Value of Groundwater.” Hydrogeology Journal, vol. 20, no. 5, 2012, pp. 821–829.