PUT methods not working on IIS8

I am having difficulties to run my MVC application on Windows 8 and IIS 8. Whenever I try to call a MVC PUT method the browser UI hangs. The GET method works fine. The network tab in IE developer tools shows the request is pending but no errors. I removed the WebDav module/handler from IIS and changed the applicationhost.config to allow PUT and DELETE but nothing worked. Previously I was using windows7 and everything worked properly and now I have upgraded to Windows8 with IIS 8 and all my PUT methods seems to be not working. Please see the screenshot of developer tools after I hit the Save method. Please let me know how do I enable the PUT requests to allow the save method. Thanks,

Deepak