Not able to Add Solution to Subversion using Visual Studio 10 and AnkhSVN

Question

I am using tortoise SVN and created one folder named TestMVCApplication2 at D:/svn/ location.

2 ) Then I created repository as below

3) Then created one solution in Visual Studio 2010 named TestMVCApplication2 and add some pages and then tried to add project to subversion as below..

4) But I get error saying that "Please select valid location in repository to add to"

What wrong I am doing here..?