SOLUTION TO VISUAL STUDIO DOES NOT HAVE PERMISSION TO READ THE COMPLETE INFORMATION FROM THE SYSTEM REGISTRY

While creating a new project one may come across the problem," VISUAL STUDIO DOES NOT HAVE PERMISSION TO READ THE COMPLETE INFORMATION FROM THE SYSTEM REGISTRY" 

This error occurs due to the permissions denied in the system registry.

Solution 

                 Download a third party application software,RIZONE SECURITY RESTORE from http://www.softpedia.com/get/Security/Security-Related/Security-Restore.shtml#download

                UNZIP and INSTALL IT.

                Click the button GO!  and the security settings started to restore.. 

              Within few minutes,the security settings will be restored back to the original and this allows to create a new project without any trouble.

Screenshot of the new project....