Demand for water resources has increased dramatically due to the global increase in consumption of water, which has resulted in water depletion. Additionally, global climate change has further resulted as an impediment to human survival. Moreover, Pakistan is among the countries that have already crossed the water scarcity line, experiencing drought in the water-stressed Thar desert. Drought mitigation actions can be effectively achieved by forecasting techniques. This research describes the application of a linear stochastic model, i.e., Autoregressive Integrated Moving Average (ARIMA), to predict the drought pattern. The Standardized Precipitation Evapotranspiration Index (SPEI) is calculated to develop ARIMA models to forecast drought in a hyper-arid environment. In this study, drought forecast is demonstrated by results achieved from ARIMA models for various time periods. Result shows that the values of p, d, and q (non-seasonal model parameter) and P, D, and Q (seasonal model parameter) for the same SPEI period in the proposed models are analogous where “p” is the order of autoregressive lags, q is the order of moving average lags and d is the order of integration. Additionally, these parameters show the strong likeness for Moving Average (M.A) and Autoregressive (A.R) parameter values. From the various developed models for the Thar region, it has been concluded that the model (0,1,0)(1,0,2) is the best ARIMA model at 24 SPEI and could be considered as a generalized model. In the (0,1,0) model, the A.R term is 0, the difference/order of integration is 1 and the moving average is 0, and in the model (1,0,2) whose A.R has the 1st lag, the difference/order of integration is 0 and the moving average has 2 lags. Larger values for R2 greater than 0.9 and smaller values of Mean Error (ME), Mean Absolute Error (MAE), Mean Percentile Error (MPE), Mean Absolute Percentile Error (MAPE), and Mean Absolute Square Error (MASE) provide the acceptance of the generalized model. Consequently, this research suggests that drought forecasting can be effectively fulfilled by using ARIMA models, which can be assist policy planners of water resources to place safeguards keeping in view the future severity of the drought.