Rs 36.61 crore has been sanctioned for the project, he said addressing a programme, 'Badalti Soch, Badalta Gurgaon', here.
The road will give a major relief to thousands of commuters, he said.
On the power grid project, he said, "Within two years, there will be no power crisis in Gurgaon as a smart power grid is being developed here which will supply 24 hours electricity in the city. This task will be completed in four phases. The first phase tender process has been completed."
Khattar also alloted four vacant buildings in DLF area to the District Education Department for educational institutes and schools.
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A woman university will be opened in Gurgaon city, he said.
To ease traffic woes, a foot over-bridge will be constructed at Tau Devi Lal park.
A road will be constructed at Sector-15, for which Rs 20 crore fund has been sanctioned.
"Four new underpasses will also be constructed at Rajeev Chowk, Iffco Chowk, Signature Tower which will ease traffic problems at Gurgaon Expressway and service roads," Khattar said.