softyjain, If the windows need to be replaced I recommend looking at fixed steel to maintain the narrow profile of the windows and small window lites. Using fixed instead of operating will be a cost savings if you don't need to open them. Another option for hanging from the ceiling is a decorative light or chandelier. That way you still have light into your ceiling at night. We offer Renaissance solid bronze windows that don't require any finish or finish maintenance. Architects designers love the rose bronze color, which closely matches copper gutters. http://www.houzz.com/projects/152134/Renaissance-Solid-Bronze-Windows---Doors-by-Progressive-Solutions You may also be interested in this ideabook- http://www.houzz.com/ideabooks/18543834/thumbs/Bronze--Copper---Steel-Window-Ideas

Bamboo roller blinds are an inexpensive fix. They can be cut to fit and have a decorative look.

I would suggest using a blackout and thermally insulating roller blind, and sheer drapes inside that. You would be able to use the sheer drapes most of the time, and the blinds for hot sunny weather or TV when the sun is in the wrong place.

I thought of two options for the headboard one is keeping the way it is now i.e gold color or change it to dark brown velvet, because my bed is wooden (dark brown), so I thought the headboard will just look like a part of the bed, and I could do the drapes of sea green color. The sofa chair next to my bed is not there anymore, so on this wall its only the bed and the window. Bedding I have to change, but thats not an issue as of now. My main concern is the drapes and the headboard which have to go with the wallpaper well.