@Ganesan Vetri
Like Michael mentions, files are not deleted immediately and rather moved to trash folder if you did not use "-skiptrash" option when deleting the folder. You can call the "hadoop fs -expunge" explicitly to empty trash. Even better, the folder you are trying to delete from has a subfolder called ".Trash". Just clear that up using "rm" command you'll reclaim the space.
hdfs dfs -rm /path/to/trash/folder ///just like any other path.
See how Trash works for better understanding:
http://hadoop.apache.org/docs/r2.7.2/hadoop-project-dist/hadoop-hdfs/HdfsDesign.html#Space_Reclamati...