Mood: The mood of the video seems to be light-hearted and playful, with a dash of romance. The vibrant colors and the stylish attire of the lead actors suggest a fun and energetic vibe. The theme appears to be a modern take on a classic, given the 'REMIX' tag and the title 'Hollywood Wale Naphre', which implies a blend of Hollywood-style glamour with Indian flavor.

Environment: The setting appears to be a picturesque, Mediterranean-style street with white buildings and blue accents. The background is blurred, focusing attention on the lead actors. The overall setting suggests a warm, sunny locale, possibly a beach town or a European-inspired cityscape.