what is the best way to extract a substring from a string in android?
The best way to get substring in Android is using (as @user2503849 said) TextUtlis.substring(CharSequence, int, int) method. I can explain why. If you will take a look at the String.substring(int, int) method from android.jar (newest API 22), you will see:
public String substring(int start) {
    if (start == 0) {
        return this;
    }
    if (start >= 0 && start <= count) {
        return new String(offset + start, count - start, value);
    }
    throw indexAndLength(start);
}
Ok, than... How do you think the private constructor String(int, int, char[]) looks like?
String(int offset, int charCount, char[] chars) {
    this.value = chars;
    this.offset = offset;
    this.count = charCount;
}
As we can see it keeps reference to the "old" value char[] array. So, the GC can not free it.
In the newest Java it was fixed:
String(int offset, int charCount, char[] chars) {
    this.value = Arrays.copyOfRange(chars, offset, offset + charCount);
    this.offset = offset;
    this.count = charCount;
}
Arrays.copyOfRange(...) uses native array copying inside.
That's it :)
Best regards!
substring(int startIndex, int endIndex) 
If you don't specify endIndex, the method will return all the characters from startIndex.
startIndex : starting index is inclusive
endIndex : ending index is exclusive
Example:
String str = "abcdefgh"
str.substring(0, 4) => abcd
str.substring(4, 6) => ef
str.substring(6) => gh
If you know the Start and End index, you can use
String substr=mysourcestring.substring(startIndex,endIndex);
If you want to get substring from specific index till end you can use :
String substr=mysourcestring.substring(startIndex);
If you want to get substring from specific character till end you can use :
String substr=mysourcestring.substring(mysourcestring.indexOf("characterValue"));
If you want to get substring from after a specific character, add that number to .indexOf(char):
String substr=mysourcestring.substring(mysourcestring.indexOf("characterValue") + 1);
                                                                        You can use subSequence , it's same as substr in C
 Str.subSequence(int Start , int End)
                                                                        use text untold class from android:
  TextUtils.substring (charsequence source, int start,  int end) 
substring():
str.substring(startIndex, endIndex);