I would not mix LED and CFL they have different looks and LED s are much cheaper to run. You can find a fixture you like and switch out most with LEDs, we have been slowly changing all of our halogen lighting to LEDs now that the LEDs come in higher wattages. We have 70 halogen lights in our house so I am doing 12 at a time, love the change. I like the fact that you can have a lot more lights off the same circuit too.

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.

HI RinaI do agree I love jewelbox rooms, but I consider them more cosy ... and with a grey marble floor it goes all Versace Italianate! I am trying to balance the colours by bringing in a pattern on the covers rather than plain. I feel this will bring colour without overpowering the room. In the pictures I showed above, the rooms are basically neutral but the colour is brought in via pattern - I think this might be the way to go...Ideally a green or blue on a subdued grey would be the best, but I dont know what the market is like for Sumit...Cushions can do a lot to tie in the other white/grey elements.Shelley - navy is a good suggestion, but as Sumits area is quite tall and thin, trying to keep the general area light Any more suggestions most welcome. These are just ideas after all and Sumit will choose what works for the room in the end ;-)

I'm not qualified to advise you on textured paint, but as far as colour is concerned, surprisingly, red can work with a very wide range of colours. I suggest you click http://www.houzz.com/photos/query/red-sofas/nqrwns and browse to look for possibilities. A lot depends on what else you want to have in the room and whether, for instance, you're looking for a dramatic effect or a warm effect. Have fun browsing.