HTML encode decode c# MVC4

I am in a process of upgrading a c# MVC2 project into c# MVC4.

Here is the scenario in MVC2

Input string(from database)

   Model.text="<p>Hi<br>hello!<br>you there</p>"

Output (rendered in the view) rendered using

 <%=Model.text %>

Hi
hello!
you there

Here is the scenario in MVC4

Input string(from database)

   Model.text="<p>Hi<br>hello!<br>you there</p>"

Output (rendered in the view) rendered using

@Model.text

<p>Hi<br>hello!<br>you there</p>

I tried

@HttpUtility.HtmlDecode(Model.text) 
@HttpUtility.HtmlEncode(Model.text) 

Nothing helps...

I had a similar problem in MVC4 asked here (the ajax result is rendered with html tags not the actual html)

Is some of my settings troubling me??? or is that something to do with HTML 5 or am I missing anything in using MVC4. Please help!!