One possibility would be to swap the living room and the dining room. Since the current living room is larger than the current dining room you could still keep some comfortable seating (couch and upholstered chairs?) against the front wall for a keeping room/dining concept. Then your new dining areas (kitchen and dining room) and living areas (living and drawing room) would have good flow between them, which would work well both for family and entertaining. You could also add some builtin bookshelves in the drawing room or new living room to create a library area to add another fun element to the living areas. These bookshelves could be against the long walls in the drawing room, around the window with a window seat in the living room (former dining room), or built to create some separation in the open area between the drawing room and living room/stair area. Your plan seems to show some sort of builtin there, but I'm not sure what it is.

If you love that wallpaper, use it in bathroom. Not really right for behind bed. I would go a drum style chandelier. In a silk pale gold. Your bed looks zen or Asian to me. I love it. But, you don't. Need to much with it. Keep it simple a more formal drape on windows, color would depend on wall color and bedding. I'm thinking a dramatic peacock satin. Use a lighter same tone on walls a rich teal. Ceiling can be gold leaf. With alight that cast shadows on ceiling at night. Then your wall paper will tie in. Furn should be mirrored.

I don't think 6 sconces are too many and your placement looks fine if that's your final furniture arrangement, but I wouldn't put them in yet. I love sconces, but they can make future furniture arranging more complicated. I'd put them in after your furnishings are picked and arranged so you aren't stuck looking for pieces that work with your sconce placement. Also, it might look overdone if your chandelier and the sconces are too matchy-matchy.

first of all, Thank you guys for those valuable inputs. yes, as far as cleaning goes, its just been finished installing and I have asked them to clean them up. And also, I observed that the frosting on the glass didn't look that good, so I am going for the filming on certain portions of the doors n windows. - Is there a particular quality of films that I may choose for this ? - Yes, lighting is definitely the criteria I had in mind which can bring up the finish to this. And i am worried about this , as I did not go for False Roofing, bcos the ceiling is already at a low height. I should really refine my ideas on the lighting part. - the stairs are floored with white Marble stone..My mom loves it and the matting on it might hinder its beauty, but yes I will surely consider that as well. Thank you again.