Binding mkdir error in ionic in windows 7

Here is the error i am getting when in type ionic info or even when creating a new project.

D:\mobileDevelopment>ionic info
return binding.mkdir(pathModule._makeLong(path),

Error: ENOENT: no such file or directory, mkdir 'D:\mobileDevelopment%HOMEPATH%
at Error (native)
at Object.fs.mkdirSync (fs.js:799:18)
at new IonicStore (C:\Users\kalyan\AppData\Roaming\npm\node_modules\ionic\li
at Object. (C:\Users\kalyan\AppData\Roaming\npm\node_modules\ioni
at Module._compile (module.js:435:26)
at Object.Module._extensions…js (module.js:442:10)
at Module.load (module.js:356:32)
at Function.Module._load (module.js:311:12)
at Module.require (module.js:366:17)
at require (module.js:385:17)

Please suggest, what should i do for the same to rectify. I am using
Windows 7 64-bit OS
node -v : v4.2.1
npm -v : 2.14.7
cordova -v : 5.3.3