Error when creating new project in Android Studio

Got error message like this :

 Error:Unable to start the daemon process.
This problem might be caused by incorrect configuration of the daemon.
For example, an unrecognized jvm option is used.
Please refer to the user guide chapter on the daemon at https://docs.gradle.org/2.14.1/userguide/gradle_daemon.html
Please read the following process output to find out more:
Error occurred during initialization of VM
Could not reserve enough space for 1572864KB object heap
Java HotSpot(TM) Client VM warning: ignoring option MaxPermSize=Xmx1536m; support was removed in 8.0

Then the solution is :

  1. Open your newly created project.
  2. Now open gradle.properties and change the JVM argument. i.e org.gradle.jvmargs=-Xmx1024m Basically it comes with default value of -Xm1536m which somehow is not working (at least for me).
  3. Then click Build -> Rebuild the project and it should work.

Reference :