After update android studio could not create parent directory for lock file

Updated android studio and plugins when sync, fails with could not create parent directory for lock file

wrapper properties:

#Sun Mar 05 16:51:59 PKT 2017 distributionBase=
GRADLE_USER_HOME  distributionPath=wrapper/
dists  zipStoreBase=GRADLE_USER_HOME zipStorePath=wrapper/
dists  distributionUrl=https\://services.gradle.org/distributions/
gradle- 3.3-all.zip

build.gradle app module:

apply plugin: 'com.android.application'
android {
compileSdkVersion 25
buildToolsVersion "25.0.2"
defaultConfig {
applicationId "com.example.sarahn.toyapplication"
minSdkVersion 17
targetSdkVersion 25
versionCode 1
versionName "1.0"
testInstrumentationRunner "android.support.test.runner.AndroidJUnitRunner"
}
buildTypes {
release {
minifyEnabled false
proguardFiles getDefaultProguardFile('proguard-android.txt'), 
'proguard-   rules.pro'
}
}
productFlavors {
}
}

dependencies {
compile fileTree(include: ['*.jar'], dir: 'libs')
androidTestCompile('com.android.support.test.espresso:espresso-core:
2.2.2',   {
exclude group: 'com.android.support', module: 'support-annotations'
})
compile 'com.android.support:appcompat-v7:25.1.0'
testCompile 'junit:junit:4.12'
}

build.gradle(project)

`// Top-level build file where you can add configuration options 
common to  all sub-projects/modules.

buildscript {
repositories {
jcenter()
}
dependencies {
classpath 'com.android.tools.build:gradle:2.3.0'

// NOTE: Do not place your application dependencies here; they belong
// in the individual module build.gradle files
}

}

allprojects {
repositories {
jcenter()
}
}

task clean(type: Delete) {
delete rootProject.buildDir
}

tried downloading NDK, deleting .gradle folder from project and from installs but not going forward

Environment: Windows 10


In case someone has the same issue with Intellij on Ubuntu, the following solved my issue:

Remove everything in ~/.gradle/caches


I went to that location where gradle build failed to create parent directory and deleted cache folder there