Hi---I suggest finding a fun, colorful palette-for boys and girls, (I like orange and turquoise together). Select furnishings that have tone on tone color, patterns, and lots of texture. Keep bedding neutral and identical but add something such as a butterfly or doll on the bed for your daughter and an animal or monster on your son's bed. If you can purchase beds with drawers underneath, that would be excellent. Pics for colors and inspiration... Good Luck! [houzz=][houzz=][houzz=][houzz=]

Hi Simran, I am a big fan of having indoor plants around the house. There is this misconception that plants in the bedroom may not be a good idea because of the carbon dioxide from their breathing. But assuming that you will be looking at a couple of small plants, this really should not be something to worry about. Snake plants and Golden Pothos (money plant) are low maintenance and really help clean the air. Do upload some pics here once you have put your plants.

very good looking with this budget I would like to go for it.

I like to style with both wall art and lamp.. But if it has to be just one item, it'll be LAMP.. Always!