Android 12 migration : * What went wrong: Gradle build daemon disappeared unexpectedly (it may have been killed or may have crashed)

Question

After changing the compile and target version to 31 getting the below error on building the project

• Exception is: org.gradle.launcher.daemon.client.DaemonDisappearedException: Gradle build daemon disappeared unexpectedly (it may have been killed or may have crashed) at org.gradle.launcher.daemon.client.DaemonClient.handleDaemonDisappearance(DaemonClient.java:250) at org.gradle.launcher.daemon.client.DaemonClient.monitorBuild(DaemonClient.java:223) at org.gradle.launcher.daemon.client.DaemonClient.executeBuild(DaemonClient.java:185) at org.gradle.launcher.daemon.client.SingleUseDaemonClient.execute(SingleUseDaemonClient.java:55) at org.gradle.launcher.daemon.client.SingleUseDaemonClient.execute(SingleUseDaemonClient.java:38) at org.gradle.launcher.cli.RunBuildAction.run(RunBuildAction.java:56) at org.gradle.internal.Actions$RunnableActionAdapter.execute(Actions.java:212) at org.gradle.launcher.cli.DefaultCommandLineActionFactory$ParseAndBuildAction.execute(DefaultCommandLineActionFactory.java:294) at org.gradle.launcher.cli.DefaultCommandLineActionFactory$ParseAndBuildAction.execute(DefaultCommandLineActionFactory.java:266)