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.

I like second plan! That space will fit the wardrobe perfectly. Take all colors from the art. The colors can be lighter or darker than the colors you see in art. Take "Venice" with you to paint store and they might be able to help you choose good colors. Idea: paint four walls the same and see if you like that. If you feel the room lacks interest, then paint the accent wall. Choose a pale green that harmonizes with "Venice" and a darker green accent. Yellow + red accent White + blue accent

This Cabinet is $155 at Ikea. You could take the 4 items you had hung, and put them in a "shadow box", or individual deep frames to tie then together, to create I piece that looks more substantial on the wall, Then add a little ledge for photos, and you would even have room on the cabinet for the cool bottles that were on the floor, and that cool chest could definitely find a home as an end table, or entry table. You could also add a larger plant in a really nice pot in turquoise. The cut and paste renditions arent always completely accurate in scale.

Pankaj, I just realized that initially you told us that the bathroom area was 12'-0" x 9'-0" and later you mentioned that it was 11'-8" x 8'-0". In the last floor plan, I forgot to change the bathroom with the new dimensions. Below is the floor plan with the correct dimensions for the bathroom. The bedroom is ok, I drew it 19'-2" x 12'-6". The new layout does not change the way things are placed. Everything still fit. The only difference is that the vanity is now 4'-4" long instead of 4'-8". and the toilet is closer to the shower by 1'-0". Can you give me the lengths of the walls K and L. They are the walls between the vanity and the shower area. I will send you the new layout once you give me the length of these 2 walls.