Mood: The mood of the video appears to be romantic and dreamy, with a sense of longing. The theme seems to revolve around love and relationships, with the title 'Waada Sanam' suggesting a promise or vow to one's beloved. The overall emotion evoked is one of nostalgia and yearning.

Environment: The setting of the video appears to be a scenic waterfront location, possibly a lake or a sea, with a building visible in the background. The presence of a body of water and a serene landscape suggests a peaceful and picturesque environment. The Jahangir National University logo in the corner hints that the video might be related to a university or educational setting, but it's not clear if it's a central part of the video's setting.