Since your pantry is mostly walking space not pantry, I would push the kitchen back and add the space to the kitchen and make it into a "U" shaped . The most wasted space is the over sized hall that is called a living room, which I would distribute to add a closet to the master, close up the with by adding to the bedroom (11x10) and the bath which will work as a Jack & Jill bath with the extra space

I have a 7 feet by 10 feet room where I need to put in a small study table as well as a small dining area. Would appreciate suggestions

It's a really cute space. I don't understand your dilemma either.

first of all i think u have a nice large space to begin with. We can create an L-shaped partition extending towards space where u have kept the dining table. Sowe get a lare space for L- shaped sofa. The TV unit can be where the diwan is right now.with a pendicularly placed showcase / bookshelf which also acts as a space divider. the space beyond that can be utilised for the diwan or a day bed which can be the family space . the dining table to be placed in the center of the room with circulation space all around. Extended partition l-shaped with bookshelf on other side to give a privacy to internal spaces. partition example 1) partition example 2) parttion example 3)