I have just created an ASP.NET MVC 4 project and used Visual Studio 2012 RC to create a Controller and Razor Views for Index and Create Actions.
Index
Create
One more for the pot - spent ages trying to work out the same problem - even though it was defined in the web.config for root and the root of Views. Turns out I'd mistakenly added it to the , and not element.
Really easy to miss that!