"
To open it, please use a version that supports this type of project."
Finally today I got the solution and it works fine for me .... :) Might be it will be a bug for VS-2008 :(
Here is the solution for it.
Go to Start> All Programs > Visual Studio 2008 > Visual Studio Tools > Click Visual Studio 2008 Command Prompt. Type the below command and press enter.
devenv.exe /resetskippkgs
It opens Visual Studio 2008 IDE and finally everything was OK .Cheers by
Anand Ranjan Pandey