I luckily had time to do some more research on this problem and also found some relevant results that helped. Just want to share the results here, so that anyone following in future can find resolution to this issue.
The PubSubHubHub.AppSpot hub sends feed update notification instantly via POST along with part of updated feed as part of body text. So, it gets simple to get the updated feed and parse in any language. Just extract page body and parse RSS-xml present as body text.
I wrote following script in PHP to get the updated feed text:
$request_body = @file_get_contents('php://input');
The $request_body
contains RSS-xml for updated feed. Process it, and store any information you want out of RSS-xml feed.
Thanks.
Reference link: (that suggested me simple solution) Pubsubhubbub subscriber callback implementation in PHP