Mood: The mood of the video appears to be romantic and lighthearted, with a sense of playfulness and affection. The theme seems to revolve around love and relationships, with the title 'Ise Pyaar Kahiye' translating to 'This is love'. The overall emotion exuded is one of joy and happiness.

Environment: The setting of the video appears to be an outdoor location, possibly a park or a garden, with trees and buildings visible in the background. The presence of greenery and the casual attire of the couple suggest a relaxed and casual environment. The video may be set in a urban or semi-urban area, given the presence of buildings in the background.