Design a Luxe Living Room: 13 Affordable Luxury Decor Ideas

Read this piece if you want low-cost living room design ideas to make your space feel luxurious.

The living room is the most significant space in our lives. We all want it to look luxurious to our guests and feel cosy to us. But is it possible to design a luxury living room at a low cost? The secret is out—yes, it is possible.

You need ideas and expert interior designers in Gurgaon who can implement them in your living space. Scroll down and check out the most affordable and luxurious living room design ideas.

13 Low-Cost Design Ideas for Living Room for a Premium Feel

#1: Rug Should be the Hero

Your rug is like the centrepiece of your living room—pick a bold one that makes a statement. Whether it’s a brightly printed rug or a plush rug with a plush texture, the right rug instantly enhances your space.

It grounds the room, adds character, and ties all your furniture together.

• Choose bold colours or intricate patterns for drama.
• Opt for large area rugs to give the illusion of spaciousness.
• Choose plush materials like wool or faux fur to create a cosy vibe.
• Use rugs to echo complementary colours from your decor.

A great rug doesn’t merely lie there; it elevates the mood of your living room!

#2: Place an Oversized Art Piece Perfectly

Big art, significant impact! One oversized piece transforms bland walls into wow-worthy focal points. It’s dramatic without requiring you to clutter your space, and large pieces bring a gallery-like feel to home.

• Select artwork that works with your aesthetic: abstract, nature, black-and-white photography.
• When you do, hang it at eye level for maximum impact.
• Place it behind the sofa or above a console table for balance.
• Ensure contrasting colours so it pops without blending too much into the wall.

The most promising part of oversized art is that it adds personality and is way cheaper than repainting!

#3: Repurpose Old furniture (DIY)

Premium doesn’t have to be pricey. One of the best ideas for your small living space is to give your old furniture a glam makeover instead of tossing it. Sand, paint, or reupholster that tired dresser or chair!

• Use trendy neutrals (beige, white, charcoal) to paint furniture stylishly.
• Add new handles or knobs for a modern touch.
• Repurpose old trunks as coffee tables or sideboards.
• Use gold spray paint for metallic accents on mirrors or frames.

When you can have a luxurious living room without spending much, then why not?

#4: Get a Sculptural Center Table

The centre table isn’t just for functionality; it is beyond that. Sculptural or geometric tables make a bold statement, elevating the entire room without taking up extra space.

• Explore materials like glass, marble, or acrylic for luxe feels.
• Opt for unusual shapes: rounder, asymmetrical, or nesting tables.
• Pair with minimalist decor to let it shine as a focal point.
• Pick dual-purpose ones with hidden storage for added functionality.

You must not think much about it when you can get a functional yet fabulous piece in your budget.

#5: Layer Lighting for a Luxurious Feel

Lighting is not only practical—it is mood-setting. Blending lamps, overhead lights, and even candles give an inviting vibe. Plus, soft light can make a room feel more expensive (seriously!).

• Use floor lamps in corners for elegance.
• Add dimmers to control light intensity.
• Hang pendant lights or chandeliers at the right height.
• Layer table lamps and wall sconces with warm bulbs.

With layered lighting, you can make your space feel like a boutique hotel!

#6: Paint it as per the Trend

Sometimes, a coat of paint can work miracles, no? To stay on Trend, use modern tones such as sage green, moody blues, or soft blush. It’s budget-friendly and transformative.

• Go for neutral bases if you want a timeless appeal.
• Try accent walls for a pop of bold colour.
• Use high-quality finishes like matte or satin for depth.
• Experiment with two-tone or ombré wall designs.

Don’t waste time researching; consult the best luxury interior designers in Gurgaon who can help you paint your living within your budget and start planning.

#7: Combine Different Textures

Textures are like spices – too much of one makes things dull. Combine plush fabrics, sleek materials, and rough finishes for an engaging visual mix.

• Pair velvet cushions with leather chairs.
• Use knit throws alongside metal furniture accents.
• Throw in rattan or wicker pieces for a natural touch.
• Mix glossy, matte, and rough surfaces in decor items.

Balancing different textures creates depth and makes your space look thoughtful and layered.

#8: Bring Luxurious Accent Pieces

Adding a touch of luxury doesn’t have to break your budget. Prioritize a few upscale-looking pieces, such as vases, sculptures, or trays, to set an elegant mood.

• Metallic trays or candleholders (think gold, brass, or silver).
• Glass vases filled with fresh or faux flowers.
• Vintage-inspired ornaments are placed sparingly.
• Luxe throw pillows with embroidered or beaded details.

Accent pieces are your living room’s little jewellery that completes the overall aesthetics.

#9: Plan Open Shelves

Open shelves instantly declutter and showcase what you love. Whether it’s books, collectables, or photos, such shelves make a personalized, stylish impact.

• Arrange items in odd numbers (the rule of threes works best).
• Mix books with decor items for balance.
• Place baskets on lower shelves for out-of-sight storage.
• Use a cohesive colour palette to avoid overwhelming it when playing it.

With open shelves, you have function, beauty, and your personality on display!

#10: Bring in the Greenery

Plants are life-givers for your living room – affordable, refreshing, and trendy! Even a few greens can make your space feel alive and luxe.

• Get low-maintenance plants like pothos or snake plants.
• Use chic planters in gold, marble, or ceramic.
• Please place them in corners, on shelves, or on coffee tables.
• Opt for taller plants like fiddle-leaf figs for drama.

Greenery adds life (literally!) and blends in sophistication and warmth seamlessly.

#11: Giant Floor-to-Ceiling Windows (If Possible)

If you’re lucky enough (have enough space) to include these, go BIG! The floor-to-ceiling windows let in natural light, lending your space an airy, open, effortless elegance. If this is feasible, then be sure not to miss it!

• Use sheer curtains for privacy while letting the natural glow in.
• Decorate minimally to keep the view of the star.
• Position furniture to frame the windows, maximizing the drama.
• Incorporate large indoor plants to complement the view.

Windows like these are your room’s best ‘wow factor’ asset – simple yet unforgettable.

#12: Create Multiple Seating Space

If you have an XL living room and want to give it a makeover within your budget, you must add a mix of love seats, armchairs, and pouffes for flexibility and plush charm.

• Choose various seating options to mix textures (e.g., leather vs. fabric).
• Use smaller chairs in unexpected places for a cosy nook vibe.
• Add a stylish bench near your window for multi-purpose seating.
• Incorporate unique accent chairs that double as design pieces.

More seating space provides maximum flexibility and comfort for you and your guests while enhancing pure aesthetics!

#13: Add Large Mirrors

Mirrors should be a significant part of your living area. It can fake natural light, making your living room feel more airier and more extensive. A well-placed large mirror makes your living room feel endless and sophisticated.

• Place mirrors opposite windows to reflect light around the room.
• Choose oversized, decorative mirrors for extra glam.
• Use vintage mirrors for a timeless look.
• Hang them over consoles or fireplaces as focal features.

Adding mirrors isn’t just functional; it’s an affordable way to double your room’s charm!

Living Room Design is a Matter of Space

Now that you have your low-cost luxury interior ideas for your living room design, it’s time to implement them for a luxurious living space.

Our expert residential and office interior designers in Gurgaon at Matter of Space are always a call away for help and a FREE CONSULTATION. Get your living room designed luxuriously and within your budget.

Go now, and implement these ideas.