In Last one decade researchers are focus on cloud computing presenting many novel approach for improving storage spaces in digital world. In this paper, we introduce architecture and algorithms that can be implemented to facilitate well-equipped infrastructure within cloud environment for load balancing and resource allocation. This architecture is specially developed for virtual storage drive over cloud. This architecture supports a number of end users, which are authenticating to send requests to the server. This request may demand some resources for its processing, thus, here comes the concept of resource allocation where it is required to allocate and schedule the available resources to process the request of the client. A numerous algorithms have been introduced here for easy configuration for the proposed architecture. The conclusion of this research paper is to provide such a cloud framework which can be implemented for efficient resource allocation and load balancing for multiple clouds.