The money spinning high profile T20 league was initially slated to be played from March 29 but has been indefinitely postponed due to outbreak of the coronavirus pandemic.
"We want to have it, as I said that cricket needs to be back," Ganguly said on India Today's show Inspiration.
"For us it's off-season at the moment which has actually helped. We finished out domestic season in March and then we had to cancel the IPL, which is the most important part of our domestic season.
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"We want IPL to happen because life needs to be back to normal and cricket needs to be back to normal but we don't have a decision from the ICC regarding the T20 World Cup," he added.
Ganguly's remarks come on the back of media reports indicating that the board is mulling the possibility of staging the IPL out of India on account of the rapidly rising Covid-19 virus threat that has left the nation reeling at present.
Ganguly, however, stated their first priority will be to host the tournament in India before looking out for venues on foreign shores.
IANS had earlier reported that the situation with regards to the coronavirus pandemic might force the board to ultimately take the tournament to either UAE or Sri Lanka.
"We keep hearing different things from the media but till actually its officially not told to the board members and the countries, you don't know what is happening," Ganguly said.
"But we want to host it, our first priority is India. Whatever time we get, even if we get 35-40 days we will host it.
"Places like Mumbai, Delhi, Kolkata, Chennai -- these are big teams in the IPL and at this stage I don't think you can put your hand on heart and say that cricket will happen in these places.
"We were keen to go to Ahmedabad to see the new stadium but I don't know if we will be able to go there or not. It's not easy at the moment to say that we are going to host it in India," the former India captain said.
The 48-year-old also raised his eyebrows over the prospect of hosting the tournament outside India and the financial and logistical implications that will tag along with it.
"Will it be in India? If it's not then we think of going out, but where? Because going out becomes very expensive for the board, the franchises because of the currency conversion rates," he said.
"So we are monitoring it and we are very keen to host it. We have our fingers crossed, we don't want the year 2020 to finish without an IPL."