Mood: The mood of the video appears to be light-hearted and romantic, with the man and woman sharing a joyful moment. The theme seems to revolve around love and relationships, with a possible focus on a rekindled romance, as hinted by the title 'Phir Se Zara'.

Environment: The setting of the video seems to be an indoor location, possibly a shopping mall or a restaurant, given the blurred background that suggests a bustling environment with people and lights.