Solution:  The default Download Folder Path for Package Feed Module is given below:
 C:\Program Files (x86)\AdminStudio Shared\Package Feed Downloads

 In order to change the default Folder Path for the Package Feed Module follow the below steps:
1. Click on the Application Catalog>Options 
2. Navigate to Package Feed options under the Import Options section
3. Click on the Ellipsis button and browse for your customized path and make sure you follow the same
format as defined earlier. Refer screenshot below 

4. Then clicking on the OK should change the Download Folder path successfully.