Unable to install SQL Server (setup.exe). Exit code (Decimal): -2054422498Exit message: The specified directory, "C:\Program Files\Microsoft SQL Server)", for the INSTALLSHAREDDIR parameter is not valid because this directory is compressed or is in a compressed directory. Specify a directory that is not compressed.
I have already unchecked the Compress contents to save disk space option in advanced properties of the folder as suggested in another similar questions here.
Please help me figure out the solution to install SQL Server.
Like I asked in the question, I had already unchecked the Compress contents to save disk space option in advanced properties of the folder however the same changes were required in the parents folder too (topsail's comment).
So I repeated the same steps as shown MBuschi's answer to the parent folder too and it worked fine.