According to statistics released by Dhaka Water and Sewerage Authority, the city's daily demand for water is about 2,100 million liters and it is only able to supply 1,600 million liters. Also, nearly 80 percent of the city is being paved, which is believed to be the main cause of depletion in the underground water level.
Currently, huge tube wells are used to extract the underground water but only to a certain extent because extracting too much would cause the land to be vulnerable to earthquakes. Another option being used is to supply the city with river water from water treatment plants. The Sayeedabad water treatment plant (such a plant currently under construction) has made it through the first construction phase but has been halted in its second phase awaiting negotiations with foreign development agencies. Two other major projects to attain water from the Padma for the city are also pending within various organizations. The city government is taking action to complete these negotiations in order to alleviate the city’s dire need of clean water.

Sources
http://freshclick.wordpress.com/2009/04/24/water-crisis-of-dhaka-bangladesh/
http://pulitzercenter.org/projects/asia/dhaka%E2%80%99s-challenge-megacity-struggles-water-sanitation-and-hygiene
www.thefinancialexpress-bd.com/search_index.php?page=detail_news&news_id=32058
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