How do we create spatial index on views if it is possible? Is it possible to create spatial index on sql server 2008? If yes how do we create it on table with schemabinding?
Unfortunately I don't believe you can.  XML and Spatial Indexes can only be created tables.  Not views.

Edit:

Here's some proof for you straight from BOL: Restrictions on Spatial Indexes


  Spatial Indexes cannot be specified on indexed views.