I am not sure how deep and bright the two colors are that you each have selected but I might suggest that you pick a green and blue that are soft rather then intense colors. My favorite paints are ones that are made by Restoration Hardware. Of course you can get any paint company to help you achieve very similar colors. Look up Restoration Hardware and see if there are greens and blues that you each like. Most of their colors work with each other. Have fun..........

OK... but the wire wont be lower as it is fixed now. The wire in the pics below is the wall facing each other. They were leveled on equal height but the beam on one wall makes it seem a little above. But i think you guys are absolutely right that up and down lights wont look good there. I think you are right about down lights lessismoore. Would it look good if i go with two different lights on opposite walls??? it would look odd right.

As hatetoshop mentioned , moving the bed to the gap between two window is would be right choice. as in current placement you have windows above your head which does not help for a view and looks odd. you could place double curtain rod or use existing curtain rods and add additional sheer /thin curtains for additional privacy during day as well as light. In future you can add two bedside tables as well and some bedside lamps. In India we are still not used to lower lighting (floor lamps, table lamps with warm day light bulbs) but trust me,it will add new dimension to your bedroom. Also some wall art. example a well framed big size ( 2ft * 3ft) art poster above bed (cheap way to add life (I wont use word "Class" (find it too much)) . Also in future you can think about having a pair of bed sheet (to sleep on ) and bed cover/spread (a good quality cotton one) to cover the mattress during day. And a dhurrie runner would be a good addition as well. All above wont cost too much and maybe little bit investment in quality material can be good as well as u don't have to change these often and can be a long term solution.

Keya, glad you decided to take the one reader's idea about moving the armoires in front of windows that you don't need and giving the bed a wall of its own! And, yes, you can have Roman shades on one wall and layered drapes on the other. When I had drapes made for my tall sitting room windows/doors, I had them use the same fabric for the Roman shades for the smaller windows on the other wall. For me personally, in these older Indian homes with all the odd nooks and niches in the walls, perhaps it would be more soothing to have a light/med tone paint on the walls that blends with the drapes/blinds for an 'uninterrupted' look, and I would use the same color on ceiling and beams. (but that is just my thought) I would start the process with a large carpet with your favorite colors, then choose your Bedcover & cushions, then your wall paint and fabric for drapes/blinds ..Not certain what style you like, but if you really like a particular Ethnic bedcover fabric, you can always have them stitched into curtains or Roman shades too. Can't wait to see the "After" pics!